Definitions[]
An inherent risk is
| “ | [t]he possibility that some human activity or natural event will have an adverse affect on the asset(s) of an organisation and which cannot be managed or transferred away.[1] | ” |
| “ | [t]he exposure arising from a specific risk before any action has been taken to manage it beyond normal operations. Inherent risk is often referred to as "the risk of doing business".[2] | ” |
References[]
- ↑ ENISA, Glossary (full-text).
- ↑ Playbook: Enterprise Risk Management for the U.S. Federal Government, at 105.