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RISKtober Crossword 2024

Across
The risk of loss resulting from inadequate or failed internal processes, people and systems, or from external events.
QBE takes a _____ approach to managing risk.
Set of standards or rules that guide business behavior in a positive way
Risks based on the impact and likelihood, without considering the effectiveness of controls.
Down
Action taken by management to mitigate an inherent risk and/or satisfy an obligation.
An event that has arisen due to gaps in controls.
Risk the business is exposed to after considering the effectiveness of controls,
Australian _____Regulation Authority
Enterprise Risk Management____
An identified gap or weakness in the control environment.