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Risk scenarios facilitate communication in risk management by constructing a narrative that can inspire people to act. The use of risk scenarios can enhance the risk management effort by helping the risk team understand and explain risk to business process owners and other stakeholders. Additionally, a well-developed scenario provides a realistic and practical view of risk that is more aligned with business objectives, historical events and emerging threats forecasted by the organization than would be found by consulting a broadly applicable standard or catalog of controls. These benefits make risk scenarios valuable as a means of gathering and framing information used in subsequent steps in the risk management process.
This toolkit includes 87 risk scenarios and a detailed guide to help navigate through a risk scenario.
Format: ZIP