You can identify the operational risks for your company. These risks can be security-and-compliance related, or any other type of risk for your organization.
You can link a risk to segregation of duties rule to help reduce business risks, human errors, or fraudulent transactions.
Steps
Click Integrated risk management.
Click Create a risk.
In the Name field, type a value.
In the Status field, select an option.
Define the area where the risk arises.
In the Area field, enter or select a value.
Define the risk level before the response to the risk.
In the Inherent risk field, select an option.
Define the required response to the risk.
In the Response field, select an option.
Define the risk level after the response to the risk.
In the Residual risk field, select an option.
Note
Usually, the residual risk is lower than the inherent risk.
Define what must be done to mitigate the risk.
In the Mitigation field, type a value.
Close the page.