What is a risk management strategy?
A risk management strategy documents how your organization identifies, prioritizes, treats, and reports risk—aligned to appetite set by leadership.
This guide covers: Building a risk strategy.
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Related: GRC collection · Best GRC software solutions (2026)
Key takeaways
- Define risk appetite statements.
- Choose treatment options: avoid, reduce, transfer, accept.
- Link risks to controls and evidence.
Building a risk strategy
Define risk appetite statements.
Choose treatment options: avoid, reduce, transfer, accept.
Link risks to controls and evidence.
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Disclaimer (legal note)
General information only—not legal, audit, or attestation advice. Requirements depend on your contracts, system boundary, and assessor guidance.
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