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2024 RISKtober Crossword

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