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Governance, Risk, Audit & Privacy · Intermediate

Risk Profile

Snapshot description of the overall set of risks an organization or unit faces at a point in time.

Definition

A risk profile aggregates risks by category, severity, and trend to show current exposure relative to appetite. It is used for board and management reporting. Changes in the profile signal the need for strategy or treatment adjustments.

Example

The quarterly risk profile shows a rising trend in third-party and AI-related risks.

Exam tip

A risk profile is the aggregated view; the register holds the detail.

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