Element 06×Business Services

Business Services in Hazard ID & Risk Assessment

Hazard identification and risk assessment

Hazard identification and risk assessment is one method applied to many kinds of risk. Enterprise, financial, credit, cyber, financial-crime and personal-security risks follow the same logic: identify, assess, control, review. They belong in the same risk framework so the board sees one risk picture rather than several that are never compared.

Integrated reading of element 06 →

Standard 1

  • Application Security StandardIntegrated readingIn 1 of 3 operator registersCompany-wideAlso in IOGP 510 · 02 Policies and StandardsNot process safetyNot safety case critical

Process, procedure, work instruction 2

  • Information Security Management SystemIntegrated readingIn 2 of 3 operator registersCompany-wideAlso in IOGP 510 · 05 Risk Assessment and ControlNot process safetyNot safety case critical
  • Cyber Risk ManagementIntegrated readingIn 3 of 3 operator registersCompany-wideAlso in IOGP 510 · 05 Risk Assessment and ControlNot process safetyNot safety case critical