Page 18 - Ghost Digital
P. 18
Risk Valuation or Exposure
A company that is managing risk must put a financial value on the risk, if the adverse outcome should
occur. The way the system handles this is to allow you to create Risk Factors, each of which has a
financial impact of the company. You define the factors consistent with your business and you decide
what the financial impact might be from each of these factors. The total is the Risk Valuation or
exposure to the company of the adverse outcome.
--- Select Factor---
Civil Prosecution
Criminal Prosecution
Damages paid to clients
Direct financial loss
Immediate loss of client contracts
Investigations / defence costs
Physical repair and replacement of Property
Regulatory fines - ICO, SRA, FCA, etc
Test Factor
Other
18

