Risk assessments are an ongoing process not a one-time event. Ensuring vigilance and adaptability as well as demonstrating a deep understanding of the organization’s operations and external environment is essential for a successful assessment. During this practical benchmarking exercise take note as your compliance peers share their best practices for conducting a successful risk assessment. With tips and tools for
- identifying risks
- assessing risks
- evaluating risks
- establishing controls
- developing an action plan
- monitoring and reviewing
- documenting and reporting.
