Risk management is a continuous and integrated process that supports and informs the creation of an entity's overall business strategy. It provides a mechanism for ensuring that important business processes and behaviors remain within the entity's overall risk appetite and adhere to the relevant policies, procedures, laws and regulations. The RM process is a strategic and holistic treatment of all strategic, operational, financial reporting, and legal/compliance risks, including the IT and information management components of those risks. Gartner defines risk management (RM) consulting services as the bundle of expert-driven consulting services directed at helping enterprises mitigate the impact of uncertainty on business performance. Management consulting firms offer a variety of RM services
Gartner defines user authentication as the journey-time process that provides credence in a claim to an identity established for a person for access to digital assets. User authentication is delivered by some combination of (a) an authenticator, (b) signals evaluation and (c) an authentication decision point, which may be from different vendors. User authentication is used to provide credence in an identity claim for a person already known to an organization. The credence must be sufficient to bring account takeover (ATO) risks within the organization’s risk tolerance. User authentication is foundational to and protects the value of other functions with an organization’s identity fabric, namely: runtime authorization, especially segregation of duties (SOD); audit (individual accountability); and identity analytics.