Cover art for Acceptable Risk

WPA3-KCIA Radio · Single

Acceptable Risk

Jarrett Heintz · 4:00

  • Risk Quantification
  • Governance & Risk
  • Everything, A to Z
Play on WPA3-KCIA Radio

Lyrics

  1. "How do we know what risk is right? Let’s sing it out, step by step, nice and light!"
  2. First we look at all the risk, what could go wrong, what might we miss,
  3. Measure the damage, the chance it appears,
  4. That’s how we start, it all gets clear.
  5. Acceptable risk, a balance we choose,
  6. Not too heavy, not too loose.
  7. Governance rules and what we can bear,
  8. We set the level, strong and fair.
  9. Capacity tells how much we can hold,
  10. Before the cracks start breaking the mold.
  11. Appetite’s what we want to embrace,
  12. Tolerance is stretching, just in case.
  13. Acceptable risk, a balance we choose,
  14. Not too heavy, not too loose.
  15. Governance rules and what we can bear,
  16. We set the level, strong and fair.
  17. One: Find the risks that could unfold.
  18. Two: Measure impact, stories told.
  19. Three: Capacity, appetite, tolerance tall.
  20. Four: Management guides decisions for all.
  21. Five: Security builds controls in place.
  22. Six: Acceptable risk, a steady base!
  23. Desired states flow down the line,
  24. Control objectives keep us aligned.
  25. Every choice made, steady and brisk,
  26. Built on the ground of acceptable risk.
  27. Acceptable risk, a balance we choose,
  28. Not too heavy, not too loose.
  29. Governance rules and what we can bear,
  30. We set the level, strong and fair.
  31. Acceptable risk… acceptable risk…
  32. That’s how we make the right choice stick.