home/dictionary/weakness

weakness

nouncandidate·updated May 12, 2026

An exception noted in tests of properly designed internal controls that may indicate ineffectiveness. Management must consider the extent of a weakness in such cases. Weaknesses can be classified as a simple deficiency, significant deficiency, or a material weakness.

Framework senses

National Initiative for Cybersecurity Careers and Studies (NICCS) Cybersecurity Lexicon1 senseview framework →
§1
A shortcoming or imperfection in software code, design, architecture, or deployment that, under proper conditions, could become a vulnerability or contribute to the introduction of vulnerabilities.
FFIEC IT Examination Handbook - Audit, April 20121 senseview framework →
§1
An exception noted in tests of properly designed internal controls that may indicate ineffectiveness. Management must consider the extent of a weakness in such cases. Weaknesses can be classified as a simple deficiency, significant deficiency, or a material weakness.
NY DFS Part 500 (NYCRR Title 23, Chapter 1, Part 500)1 senseview framework →
§1
An exception noted in tests of properly designed internal controls that may indicate ineffectiveness. Management must consider the extent of a weakness in such cases. Weaknesses can be classified as a simple deficiency, significant deficiency, or a material weakness.