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Are you seeking to establish a company that is immune to risk and adds value to your business? Look no further than the Risk Model Canvas. This is a single-page tool for identifying business risks using the Business Model Canvas as a basis. With the Risk Model Canvas, you'll be able to address threats to your key objectives, bolster your business model, and secure business continuity. Additionally, it will assist you in comprehending the role of management in information security and give you insight into your security risks from a practical business viewpoint. The outcome will be a comprehensive understanding of your business, risks, and areas for improvement that deserve the highest priority. Experience the benefits of the Risk Model Canvas for yourself and take your business to the next level.
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Identify risks and opportunities you did not know you had. The likelihood for your business to thrive is higher when you know your risks and opportunities.
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Any business decision is only as good as the information on which it's based. To make confident decisions, you need to have access to accurate insights.
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The Risk Model Canvas suits the ISO27001 standard and can help meet various standard requirements, such as context description, risk analysis, and management involvement.
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The Risk Model Canvas is a tool that helps businesses identify high-level risks. Originally developed for identifying information security risks, the Risk Model Canvas can also be used for other types of risks and complies with many ISO standards.
The Risk Model Canvas is based on the Business Model Canvas, which can be used to describe the company context and challenges the risks that can threaten a business. Risk analysis is an important management obligation, but it can be challenging for topics like quality management, information security, and privacy management. By using familiar business tools, such as the Business Model Canvas, the Risk Model Canvas can help business owners get involved and provide direction for abstract themes like privacy, security, and business continuity.
The Risk Model Canvas consists of nine building blocks similar to the Business Model Canvas. Each block is analyzed for potential risks to the business. For example, Customer Segments consider what compliance requirements might be blocking customer engagement, and Key Resources evaluate the risks associated with the unavailability, corruption, or breach of critical resources.
The Risk Model Canvas can be used to comply with ISO standards, which requires consideration of business context, risk, and management involvement.
The three steps of Risk Model Canvas
Step 1: describe the context with Business Model Canvas
Step 2: prepare risk definitions and appetite; how much risk is your organization willing to deal with
Step 3: Analyze high-level risk and objectify management's gut feeling
