Reputation Risk
Reputation risk is the possibility that lost trust or negative perception reduces customers, partnerships, market access, or organizational value. Reputation Risk must…
Security, Risk & Compliance
Security controls, fraud, operational risk and regulatory compliance.
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Terms (673)
Reserve Audit
A reserve audit examines whether reported reserves exist, are controlled, properly valued, and support specified liabilities or obligations. Reliable results for Reserve…
Residual Risk
Residual risk is the risk remaining after selected controls, mitigations, transfers, or other treatments have been applied and evaluated. Residual Risk must…
Return Fraud
Return fraud abuses merchandise-return processes to obtain refunds, replacements, credits, or value without meeting legitimate return conditions from merchants or platforms. Controls…
Return Merchandise Authorization (RMA)
A Return Merchandise Authorization is a controlled approval and identifier used to manage the return of goods for refund, repair, or replacement.…
Review Fraud
Review Fraud is a fraud or abuse pattern that manipulates ratings or testimonials through fabricated, incentivized, suppressed, purchased, or coordinated customer feedback…
Risk
Risk is the effect of uncertainty on objectives, including the possibility that events or conditions produce harmful or beneficial outcomes. Decision-makers use…
Risk Acceptance
Risk acceptance is an authorized decision to retain a known level of risk without applying additional treatment at that time. A score…
Risk Acceptance Criteria
Risk acceptance criteria are documented conditions that specify when residual risk may be knowingly retained, who has authority to accept it, what…
Risk Analysis
Risk Analysis is a measurable uncertainty or exposure that examines identified risk scenarios to estimate their likelihood, consequences, uncertainty, dependencies, and significance…
Risk and Control Self-Assessment (RCSA)
A risk and control self-assessment is a structured process in which business and control owners identify risks, evaluate inherent and residual exposure,…
Risk Appetite
Risk appetite is the amount and type of risk an organization is willing to pursue or retain while achieving its objectives. Risk…
Risk Assessment
A risk assessment identifies, analyzes, and evaluates risks within a defined scope to support treatment, prioritization, and accountable decisions. Reliable results for…
Risk Asset
A risk asset is an asset whose value or performance is meaningfully exposed to uncertain market, credit, liquidity, or economic conditions. Risk…
Risk Aversion
Risk aversion is a preference for a more certain outcome over a riskier outcome with similar expected economic value. Decision-makers use Risk…
Risk Avoidance
Risk avoidance removes exposure by not starting, discontinuing, or materially redesigning the activity that creates a particular risk. Decision-makers use Risk Avoidance…
Risk Budget
Risk Budget is a measurable uncertainty or exposure that allocates a defined amount of acceptable risk across strategies, business units, products, positions,…
Risk Decline
Risk decline is a decision to reject a customer, transaction, product, or activity because assessed exposure exceeds acceptable conditions. A score for…
Risk Engine
Risk Engine is a measurable uncertainty or exposure that evaluates data and rules to produce decisions, scores, alerts, limits, or required controls…
Risk Event
A risk event is an occurrence or change in circumstances that causes, reveals, or may cause an adverse outcome related to an…
Risk Exposure
Risk exposure is the extent of potential loss or harm associated with a risk scenario before or after considering controls. Risk Exposure…
Risk Factor
A risk factor is a condition, characteristic, or variable associated with the likelihood, impact, or detectability of a risk scenario. Decision-makers use…
Risk Impact
Risk impact is the magnitude and type of consequence that could result if a risk event occurs, including financial, operational, customer, legal,…
Risk Likelihood
Risk likelihood is an estimate of how probable or frequent a risk event is within a defined period and under stated conditions.…