What are the different types of risk controls?
An example of an AI chatbot conversation about types of risk controls in risk management.
What are the different types of risk controls?
There are several types of risk controls, including preventive, detective, and corrective controls. Would you like to know more about each type?
Yes, please explain preventive controls.
Preventive controls are designed to stop risks before they occur. Examples include training, policies, and security measures.
What about detective controls?
Detective controls identify and detect risks that have already occurred. Examples include audits, monitoring systems, and incident reports.
And corrective controls?
Corrective controls are implemented after a risk has been identified to mitigate its impact. Examples include disaster recovery plans and corrective actions.
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