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WAtch our latest Webinar on Risk self-Assessment

Inherent, Residual and Targeted Risk: What Risk Professionals Need to Know

To watch the webinar recording, please fill out the form

The value of assessing Inherent, Residual and Targeted risks has been subject to much debate. In this webinar, we discuss the concepts of each level of risk and how each can best be used in a risk management framework to add value.

Professional hacks for overcoming common issues in using Inherent Risk will be discussed.

What you will learn in this webinar:

  • Defining Inherent, Residual and Targeted risk
  • Common issues in using Inherent Risk
  • Using Inherent, Residual and Targeted risks in a risk management framework
    • Using risk matrices
    • Using appropriate likelihood and impact scales
    • Rating control effectiveness, existing and proposed controls
    • Reporting the various risk levels
  • Extracting valuable insights and prompting action
  • Visualisation of risk assessment and reporting concepts in Protecht.ERM

Note: Fill up the form to attend the live webinar or to receive the webinar recording afterwards.

Register to Watch the Webinar

Your presenters

David Bergmark, Chief Executive Officer

David Bergmark
Chief Executive Officer, Protecht
David Bergmark, co-founder of Protecht, is a passionate advocate of using technology to support enterprise risk management issues.  He remains actively involved in Protecht software product development, working with our clients and team to get a better understanding of how enterprise risk management can be brought to life in practical, easy to use software applications.
David Tattam, Director Research and Training

David Tattam
Director, Research and Training, Protecht
David Tattam is the  author of "A Short Guide to Operational Risk" and is recognised internationally as a specialist in all facets of risk management and in particular, enterprise risk management. Prior to founding Protecht in 1999, he held roles as the Head of Operations and Risk Management at two international banks, WestLB and The Industrial Bank of Japan.