What is Risk Appetite?
Risk Appetite The level and type of risk an organization is willing to accept in pursuit of its objectives, as formally defined by senior management or the board.
Source: ISO 27001, NIST Cybersecurity Framework, MITRE ATT&CK
How is “Risk Appetite” Used in Practice?
Our risk appetite statement guides decision-making by defining acceptable risk thresholds for new projects and investments.
Certification Exam Relevance
Who Needs to Know This Term?
- SOC Analysts
- Security Engineers
- Incident Responders
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What is Risk Appetite?
The level and type of risk an organization is willing to accept in pursuit of its objectives, as formally defined by senior management or the board.
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