Risk Category

Definitions

1. A grouping used to classify risks by type, such as operational, privacy, compliance, third-party, insider, or availability risk. Risk categories help organizations route issues to the right owners and apply appropriate control frameworks.

   In plain English: A type or grouping used to classify different kinds of risk.

   Example: "The finding was moved from general IT risk into the third-party risk category once the shared support portal exposure was traced to a vendor integration."

Related Terms

• Risk Acceptance
• Risk Appetite
• Risk Communication
• Risk Framework
• Risk Impact
• Risk Management
• Risk Monitoring
• Risk Response
• Risk Statement
• Risk Strategy
• Risk Threshold
• Risk Transfer
• Risk Treatment