Everyone approaches risk differently, so enterprises must develop a risk scoring system that works for all. With the right model you can prioritize risks, remediate incidents and appropriately allocate resources while performing meaningful vendor comparisons.
Enterprises must have meaningful conversations about business risk at all levels and across every department. Risk scoring is a fundamental way of normalizing risk to make sense of complex and disparate data. It enables you to standardize reporting, streamline workflows and communicate risk clearly to stakeholders.
• Get Granular
• Be Transparent
• Normalize Scores
• Keep it Simple
• Allow for Flexibility
