ERM glossary

Risk mitigation

تخفيف المخاطر إجراءات لتقليل احتمالية الخطر أو أثره.

Risk mitigation is the 'reduce' form of risk response: taking action to lower a risk's likelihood, its impact, or both.

Mitigation usually means adding or strengthening an internal control and tracking a treatment action to closure. It is the most common response for risks that sit above risk appetite.

Related terms

See it in Rukn ERM

Rukn ERM puts risk mitigation to work in a live, mobile, bilingual risk program — aligned to COSO ERM 2017.

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