The blog provides a sample of the description to be inserted in the "Risk Impact Level Vs Risk Impact Area". The diagram below highlighted by the yellow box will contain the description for each level of the "Risk Impact" when you are embarking on your assignment.
This is the actual view of a real life "risk impact" versus "risk impact area" table. You may want to speak to your Risk Management team for a similar version to do your assignment.
The descriptor for Seven Risk Impact Area Vs Rating
If you have a problem viewing the content, an enlarged version of the same diagram is provided below.
Risk Impact Area (1st 4 Columns)
This is the enlarged version of the first 4 risk impact areas: Financial, Processes (Business Operations), Legal and Regulatory, Reputation and Image.
Descriptor for Seven (First 4 Impact Area) Risk Impact Level Vs Areas
Risk Impact Area (Last 3 Columns)
This is the enlarged version of the remaining last 3 risk impact areas: Social Responsibility, People, Assets / ICT Systems / Information.
Descriptor for Seven (Last 3) Risk Impact Level Vs Areas
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