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Regulation watch

Contributions of the ISO 31000 standard in Risk Management

January 2021

Regardless of their size and field of activity, Organizations are exposed to numerous threats and opportunities (image, reputation or brand damage, cybersecurity, economic and financial risks, political risks and terrorism, new markets, etc.) that require managers to strengthen their risk management strategy to ensure the sustainability of their organization.

In this context, the ISO (International Organization for Standardization) published in 2018 the latest version of the ISO 31000 standard that appeared in 2009: "Risk management - Guidelines", which offers a different, more flexible and global approach. This approach allows the adaptation of the risk management method to the needs and strategic objectives of the company.

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