For this activity submission, imagine that you are the compliance practitioner for Safety Net, and you are required to follow the correct procedure after the CEO reports this risk. Complete the following steps:
Describe the risk and its cause, and identify plausible impacts that it could have on the organisation.
Using the ISO 37301 framework as a reference, explain how the risks you have identified can be immediately resolved and state the measures that can be taken to ensure that similar incidents do not occur in future. Ensure that your explanation covers the following phases:
Establish phase
Risk treatment phase
[Note: You can write an explanation for your answer or you can include a process-flow diagram].