Tag: risk appetite

  • Ask the Guru: Cybersecurity “Risk Appetite”

    Ask the Guru: Cybersecurity “Risk Appetite”

    Hey Guru I saw multiple references to the term “risk appetite” in the FFIEC Cybersecurity Assessment Tool.  What exactly is risk appetite, and how can I address this in my institution? They just released Management Handbook contains 10 new references to “risk appetite”, including a requirement that the Board  has defined the institution’s risk appetite and it’s risk tolerance levels.…