Know Your Customer

Risk Management

The process of identifying, assessing, and controlling threats to an organisation's capital and operations.

Risk Assessment

The systematic process of evaluating potential risks in an organisation's operations, projects, or investments.

Operational Risk

The risk of loss resulting from inadequate or failed internal processes, people, systems, or external events.

Third-Party Risk Management

The process of identifying and mitigating risks associated with outsourcing to third-party vendors.

Vendor Risk Assessment

Evaluating the potential risks of engaging with a vendor including security, financial, and operational concerns.

AI Impact Assessment

A systematic evaluation of the potential effects and risks of an AI system before and during its deployment.

An approach to systems engineering that takes privacy into account throughout the entire engineering process.

A structured approach to identifying, assessing, and mitigating risks associated with AI systems, as defined by standards such as NIST AI RMF and ISO/IEC 42001.

The overarching strategy for managing an organisation's information assets, balancing the need for data availability with security, privacy, compliance, and lifecycle management.

The system of policies, rules, and processes by which activities are directed, controlled, and managed.

A chronological record of system activities enabling the reconstruction and examination of a sequence of events.

The proper handling of personal data including collection, storage, processing, and sharing in compliance with regulations.

The formal process of documenting and communicating security incidents, breaches, or compliance violations.

The governance framework for identifying, measuring, and mitigating risks arising from AI and analytical models.