Risk Categories
This risk type is unpredictable or newly developing threat. It often often arises from technological, societal, environmental, or regulatory shifts
What is an Emerging Risks?
Elections, policy shifts, and international tensions are examples of this Strategic Risk category.
What is Political Risk?
Employee turnover, lack of training, fraud are examples of this Operational Risk category.
What are People Risks?
Market fluctuations and inflation are examples of this type of Risk.
What is Financial Risk?
This type of risk results from can result in penalties, operational restrictions or reputational damage.
What is Regulatory Risk?
Gen AI misuse, AI-enhanced malware and deepfakes are examples of this emerging risk type.
What are AI or Technology risks?
This risk type results from inadequate or failed people, processes, systems, or external events.
What is Operational Risk?
Your organization's standing with stakeholders, customers and the public is this Strategic Risk category.
What is Reputational Risk?
Poor procedures, errors, bottlenecks are examples of this Operational Risk category.
What are Process risks?
Interest rates, inflation and currency fluctuations are examples of this Financial Risk category.
What is Market Risk?
OSHA violations are an example of this type of Compliance Risk category.
What is Health and Safety?
Economic fragmentation, sudden shifts in trade policies, and escalating tariffs are examples of this emerging risk type.
What are Geo-political risks?
This risk type is the potential that an organization's business strategy will fail to achieve its long-term objectives or fundamental goals.
What is Strategic Risk?
Inadequate board oversight, weak internal controls, and unclear accountability structures are example of this Strategic Risk category.
What is Governance Risk?
Vendor failure and supplier disruption are examples of this Operational Risk category.
What is Third Party risk?
Insufficient cash to meet obligations are examples of this Financial Risk category.
What is Liquidity Risk?
Bribery and conflicts of interest are an example of this type of Compliance Risk category.
What are Anti-Fraud & Ethics risks?
Climate change-induced extreme weather events and natural disasters are examples of this emerging risk type.
What is Climate Risk?
This risk type focuses on events that can directly affect an organization's earnings, cash flow, capital, liquidity, assets, or reporting.
What is Financial Risk?
Changing customer preferences is an example of this Strategic Risk category.
What is Market Risk?
Severe weather, pandemics, civil unrest are examples of this Operational Risk category.
What are External events?
Theft and embezzlement are examples of this Financial Risk category.
What is Fraud Risk?
Biased algorithms and lack of model oversight are an example of this type of Compliance Risk category.
What are AI Govenance risks?
Polarization fueled by misinformation and chronic employee burnout are examples of this emerging risk type.
What are Social Risks?
This risk type arises from failure to follow existing laws, regulations, or policies.
What is Compliance Risk?
Inability to attract or retain talent is an example of this Strategic Risk category.
What is Workforce Risk?
System outages and cyber attacks are examples of this Operational Risk category.
What is Technology Risk?
Portfolio losses are examples of this Financial Risk category.
What are Investment Risks?
Data breaches and unauthorized access are an example of this type of Compliance Risk category.
What are Privacy and Data Protection risks?
COVID-19, Ebola and HIV/AIDS are example of this emerging risk type.
What are Pandemic Risks?