Recognizing Risk Management Concepts Related to Cloud Services

Each identified risk in a risk register typically has its own column for detailed description.

The Threat column in a risk register describes the probability of the risk occurring.

The Impact column in a risk register specifies the nature of the risk and potential harm or damage to assets.

The Assets column in a risk register lists the owners of the identified risks.

Risk registers in the real world are often filled out using specialized risk management software, not Excel.

The Date Created column in a risk register signifies when changes were made to the identified risks.

Risk registers contain columns to categorize and group identified risks based on their likelihood and impact.

Risk registers always include exactly 12 columns as part of their standard classification system.

The Grade/Level column in a risk register typically provides a numerical or alphabetical representation allowing comparison between risks.

Risk owners are responsible for making changes to the identified risks listed in a risk register.