Information Management Risk

Information Management Risk - The threats and opportunities associated with an organization's capacity and sustainability of information management procedures and practices — including the potential for negative outcomes resulting from an organization's inability to effectively collect, store, process, and protect its data and information assets. This can stem from poor data quality, outdated systems, inadequate data security measures, or noncompliance with data protection regulations, potentially leading to data breaches, or legal liabilities, ultimately affecting the organization's performance.

Class Information

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Identification

Label (rdfs)
Information Management Risk
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Definition and Examples

Definition
The threats and opportunities associated with an organization's capacity and sustainability of information management procedures and practices — including the potential for negative outcomes resulting from an organization's inability to effectively collect, store, process, and protect its data and information assets. This can stem from poor data quality, outdated systems, inadequate data security measures, or noncompliance with data protection regulations, potentially leading to data breaches, or legal liabilities, ultimately affecting the organization's performance.
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Class Relationships

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Is Defined By
https://www.canada.ca/en/treasury-board-secretariat/corporate/risk-management/taxonomies.html
See Also
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Additional Information

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Deprecated
False

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