What is governance,risk model,past experience scenario

Question

Accepted Answer

Governance is the framework for decision-making and accountability, risk model assesses potential threats, and past experience scenarios inform decision-making.

Governance refers to the processes and structures in place to guide decision-making and ensure accountability.
A risk model is a systematic approach to identifying, assessing, and managing potential risks.
Past experience scenarios involve analyzing previous situations to inform decision-making and mitigate risks.
For example, in the context of security delivery, governance may involve establishing policies and procedures for incident response and access control.
A risk model could include identifying potential vulnerabilities in a system and implementing measures to mitigate them.
Past experience scenarios may include analyzing previous security breaches to identify patterns and develop strategies to prevent similar incidents.

What is governance,risk model,past experience scenario

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