| Risk ID | ID Date | Cause(s) | Risk Name | Consequence | Risk Details | | Risk Owner (Responsible Person or Group) | Probability | Impact | Risk Score | Response Action Type | Response Actions |
| 1 | 2/7/20 | poor handling of finacial application | finacial risk | causes organisatinal monitory risk and finacial losss at general | caused by expoosure of the inn finacial aplication | | group | Likely | Major | Unacceptable Risk: High | Mitigate | there should be a qucil mitogation plan thet will prevent the losss expected. |
| 2 | 3/7/20 | reduduced evaluation and compliance | compliance risk | poor internal policy and uneffective result | poor internal policy implementataion | | group | Unlikely | Minor | Acceptable Risk: Medium | Transfer | trasfers of duty can help in rasing the bar and effectively raising the stardard |
| 3 | 7-Apr | hacking and poor technological infrastracture | secueity fraud | loss of profiled data in the organisation | causes expsposure and data manipulatipon. This can affct the general rresult of the result causing poor candidature | | personal | Very Likely | Major | Unacceptable Risk: High | Mitigate | Use of back facility and technogical framework should be enbraced to manage the situation. Inn the wider scope, it should prioide a copey of the data that was intially shared from the cdatabase before hacking event |
| 4 | 4-Aug | poor transmission and faulty result | reputation and operation risk | damages customer and organisatiponnal result | the risk is subject to poor data entry, uncotrolled survialce and unmagaed oeganisatinnal framework | | group | Unlikely | Minor | Acceptable Risk: Medium | Mitigate | the management in this case responds to any formm of operatioal risk by raising an effecctive framework |
RiskManagementMatrixTemplate1.xlsx
