You work for a company that processes customers' personal information as part of its business operations. This part of operations presents a risk to the company. What is this type of risk called?
Inherent risk is the term used to describe the level of risk involved with using a process/operation before the company does anything to reduce/mitigate the risk.
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What is the difference between inherent risk and residual risk?
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How can organizations identify inherent risks in their operations?
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What are some examples of inherent risks in companies handling personal information?