Skip to content

Your glossary for risk and compliance

Helpful definitions of all of the terms you need to know to better manage risk and compliance.

ISO 31000

Risk management framework

According to ISO 31000, a risk management framework is a set of components that support and sustain risk management throughout an organization. There are two types of components: foundations and arrangements.

Foundations include your risk management policy, objectives, mandate, and commitment. And arrangements include the plans, relationships, accountabilities, resources, processes, and activities you use to manage your organization’s risk.
Back to glossary search

Why businesses and advisors choose 6clicks

It's faster, easier and more cost effective than any alternative.

6clicks Circle Logo

Powered by artificial

Experience the magic of Hailey, our artificial intelligence engine for risk and compliance.

6clicks Circle Logo

Unique Hub & Spoke architecture

Deploy multiple teams all connected to a hub - perfect for federated, multi-team structures.

6clicks Circle Logo

Fully integrated
content library

Access 100's of standards, control sets, assessment templates, libraries and playbooks.

Are you ready to experience AI-powered GRC?