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Certification in Risk Management Assurance Risk Management N/A QIAL: ... IBM Certified Associate Administrator - Security Guardium Data Protection V10.1.2
OpenPages joins software brands Cognos and SPSS to form the Business Analytics division of the IBM Software Group. The OpenPages name continues to be applied to IBM's line of governance, risk management, and compliance products. On November 17, 2020, IBM announced OpenPages would be included in their Cloud Pak for Data solution.
Risk management: involves identifying, assessing, and prioritizing potential risks to inform security decisions. By understanding the likelihood and impact of various threats, organizations can allocate resources effectively, focusing on the most critical vulnerabilities.
Example of risk assessment: A NASA model showing areas at high risk from impact for the International Space Station. Risk management is the identification, evaluation, and prioritization of risks, [1] followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. [2]
The Certified Information Systems Auditor Review Manual 2006 by ISACA provides this definition of risk management: "Risk management is the process of identifying vulnerabilities and threats to the information resources used by an organization in achieving business objectives, and deciding what countermeasures, if any, to take in reducing risk to an acceptable level, based on the value of the ...
Risk management is predicting and managing risks that could hinder the organization from reliably achieving its objectives under uncertainty. Compliance refers to adhering with the mandated boundaries (laws and regulations) and voluntary boundaries (company's policies, procedures, etc.).
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