Risk measurement
nouncandidate·updated May 12, 2026
A process to determine the likelihood of an adverse event or threat occurring and the potential impact of such an event on the institution. The result of risk measurement leads to the prioritization of potential risks based on severity and likelihood of occurrence.
Framework senses
Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
- §1
- A process to determine the likelihood of an adverse event or threat occurring and the potential impact of such an event on the institution. The result of risk measurement leads to the prioritization of potential risks based on severity and likelihood of occurrence.