There are a number of different risk management standards that organizations can use to guide their risk management practices. Some examples of risk management standards include:
- ISO 31000: ISO 31000 is an international standard that provides guidelines for risk management. It is designed to help organizations of all sizes and in all sectors to identify, assess, and manage risks effectively.
- COSO ERM: The Committee of Sponsoring Organizations of the Treadway Commission (COSO) Enterprise Risk Management (ERM) framework is a widely used risk management standard that provides guidance on how to identify, assess, and manage risks at the enterprise level.
- ISO 14971: ISO 14971 is an international standard that provides guidance on risk management for medical devices. It is designed to help manufacturers of medical devices to identify and mitigate risks related to the safety of their products.
- NIST SP 800-30: The National Institute of Standards and Technology (NIST) Special Publication (SP) 800-30 is a risk management standard that provides guidance on how to conduct a risk assessment and develop a risk management plan.
- ISO 27001: ISO 27001 is an international standard that provides guidelines for information security management. It is designed to help organizations protect their information assets and ensure the confidentiality, integrity, and availability of their information.
By following these and other risk management standards, organizations can improve their risk management practices and better protect themselves from potential risks and liabilities.
What is ISO 31000?
What is COSO?