2022 - 06 - Governance, Risk Management and Compliance - Types of Risk

As with risk registers there are various approaches taken to addressing and categorising risk. Some of those can be seen in the ITIL and COBIT standards.

This presentation identifies five important categories of risk, suggests approaches to deal with them and gives real life examples.

• Strategic
• Compliance
• Operational
• Financial
• Reputational

It is important to remember that this is not the canonical approach. Indeed it is clear that that does not exist. Instead it is a reasonable overview. You should be prepared to explore other categories relevant to the specific task at hand.