A successful governance and risk mitigation strategy must operate at multiple levels with broad coverage. Risk mitigation plans at many organizations fall short simply because they are not comprehensive and fail to take into account the reach and range of all the risks that they actually face. Often this occurs when organizations only focus on specific areas of risk categories, only plan for certain types of risk or don't understand all the different areas in their organization that particular risks will impact. This white paper discusses common types of risk, the considerations for each and the steps organizations must take to develop an effective risk mitigation strategy.
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