risk mitigation


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risk mitigation

The reduction of exposure to potential problems in business. From the IT perspective, risk mitigation reduces the vulnerabilities that may lead to an attack on the company's computer systems. It also covers compliance with Sarbanes-Oxley requirements. See CCO, risk management and risk assessment.
References in periodicals archive ?
(See Exhibit 2.) The policy also includes periodic reviews to assess the progress being made toward risk mitigation and incorporate an annual review by the CalPERS board.
Dunlap added, "Risk mitigation will always be a concern for healthcare providers and manufacturers in every aspect of their work.
The takaful sector in Pakistan has yet to go a long way in fulfilling the risk mitigation needs of the masses.
Now, let's look at a situation where your "wisdom" may be less since you just learned a new activity or even where you might believe the risk mitigation process is too cumbersome for your off-duty time.
He said more than 300 financial institutions now use RDC and cloud-based risk mitigation applications from the Redwood Shores, Calif., company.
Risk mitigation. Sustainability risk factors can significantly affect the rental income and future value of real estate assets, in turn impacting their return on investment.
Adrian Clark and James O'Connor, analysts at Milliman Inc., give that assessment in an analysis of PPACA health plan risk mitigation programs released by the Society of Actuaries (SOA), Schaumburg, Ill.
The system is an integrated part of the EmpCenter workforce management suite and automates all facets of fatigue risk mitigation to ensure employee work hour limits are enforced and that employees are fit for duty.
In short, Hagen asks, "Or else what?" The question seems like a juvenile taunt, but it is actually the leading edge of quantifying risk mitigation. Hagen's inspiration was to realize that few organizations are as rigorous in determining the value-added or the return-on-investment in risk mitigation, as they are in the same calculations for capital allocation, or marketing and sales expenditures.
According to Bertram Capital, Procon and Enfotrace are two of the leading providers of risk mitigation products, including GPS tracking solutions and payment protection systems, to the North American subprime automobile finance industry.
The purpose of the meeting was to have deliberation between Shariah scholars and market practitioners on Islamic hedging products which are essential for risk mitigation of real assets and real economic activity, said a CBB statement.