Task: Identifying Key Risk Indicators
Key risk indicators (KRI) act as signals for sound risk management, potentially helping to prevent or prepare for risk exposure.
(Problem 1) Please describe KRI.
(Problem 2) Identify and describe two key risk indicators that might be implemented to measure the potential for this risk to the organization.
(Problem 3) How do these indicators measure this risk, and why are they appropriate for the particular risk identified?