Glossary: Policies, Standards and Risk Management
risk appetite
Also written: appetite
The amount and type of risk an organization is willing to accept to reach its goals, set by top management. Morgan's statement sets a low appetite for risks to customer data, and the appetite line sits at a score of 9.
Where the book teaches it
Related terms
risk tolerancerisk thresholdrisk appetite types (conservative, neutral, expansionary)residual riskmanagement oversight