Exam (elaborations)
RSK4801 Assignment 04_2023 SOLUTIONS (DUE DATE: 29/09/2023)
- Course
- Institution
- Book
RSK4801 Assignment 04_2023 SOLUTIONS (DUE DATE: 29/09/2023)
[Show more]
Connected book
Book Title:
Author(s):
- Edition:
- ISBN:
- Edition:
More summaries for
-
RSK4801 Assignment 4 (COMPLETE ANSWERS) 2024 - DUE 4 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations
-
RSK4801 Assignment 4 Semester 2 2024 Due 4 October 2024 All question answered.
-
RSK4801 Assignment 4 (COMPLETE ANSWERS) 2024 - DUE 4 October 2024 ; 100% TRUSTED Complete, trusted solutions and explanations
3 reviews
By: Mapul • 1 year ago
By: Mapul • 1 year ago
By: setadimo • 1 year ago
Seller
Follow
dariuscotley
Reviews received
Content preview
RSK4801 ASSIGNMENT NO. 4YEAR 2023
DUE 29 SEP 2023
, Table of Contents
A sound risk management procedure is guaranteed by an operational risk policy, which also
aids in accomplishing organisational goals. Although the specifics of such a policy vary from
organisation to organisation, it should include certain concepts at the very least. Briefly discuss
five concepts that must be included in an operational risk management policy............................... 3
Risk and control self-assessments are another operational risk management strategy for
controlling operational risk exposures. Give a full explanation of this concept. ............................... 4
Following the COVID-19 outbreak, many organisations switched to working entirely online.
Cybercrime has risen as a result. Describe the many types of corporate cybercrime these
organisations have encountered and provide examples. .................................................................... 6
The frequency and severity of an organisation's losses can be determined by looking at the
lognormal distribution of losses, which can also help determine how to finance these risks.
Additionally, this might be a factor in determining the organisation's risk appetite. Explain the
concept of risk appetite. Discuss the best financing method for the risks shown for each sector
by analysing the below lognormal distribution. ...................................................................................... 7
How operational and reputational risks are related is a topic of continuing discussion.
Reputational risk is a distinct risk category that needs to be managed according to various
points of view. Differentiate between operational and reputational risks using specific examples.
For each risk type, specify the appropriate mitigation controls. .......................................................... 9
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller dariuscotley. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $6.43. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
71498 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now