risk-identification

Vocabulary Word

Definition

'Risk-identification' is a formal process to identify possible risks that could hinder a project or a business. It's like being a scout, looking for potential obstacles.

Examples in Different Contexts

In cybersecurity, 'risk identification' involves recognizing potential security threats to information systems. A cybersecurity expert might note, 'Through proactive risk identification, we can prioritize security measures to protect against data breaches.'

Practice Scenarios

Tech

Scenario:

The frequency of cyber attacks has been increasing. It might be time to reconsider our security measures.

Response:

Certainly, investing in risk-identification might help us address potential cyber threats more proactively.

Creative

Scenario:

There's a forecast for heavy rains next week. We need to keep the production on track.

Response:

Let's perform risk-identification for this situation, we can then develop a backup plan in case of any shooting delays.