CISO2CISO.COM & CYBER SECURITY GROUP

Overview
Enterprise risk management (ERM) is a structured business process designed to identify, evaluate,
and respond to risk that could affect the university’s ability to achieve its strategic goals and
objectives.
The Context (Step 1) and the Risk Assessment steps (Steps 2 and 3) form the basis for decisionmaking about which risks are priorities, what the appropriate response should be, and how resources
should be allocated to manage the risk to best support the University. The Response (Step 4)
involves deciding on and planning for the best way to “treat” or modify the risk, and implementing
that plan.

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