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Risk Appetite

Definitions:

  The types and amount of risk, on a broad level, [an organization] is willing to accept in its pursuit of value.
Sources:
NIST SP 800-161r1-upd1 [11/1/2024 errata update] from NISTIR 8286
NIST SP 800-221 from COSO Enterprise Risk Management
NISTIR 8286 from COSO Enterprise Risk Management

  The broad-based amount of risk an organization is willing to accept in pursuit of its mission/vision.
Sources:
NIST SP 800-221 from OMB Circular A-123

  The types and amount of risk, on a broad level, an organization is willing to accept in its pursuit of value.
Sources:
NISTIR 8170

  The broad-based amount an enterprise is willing to accept in pursuit of its mission/vision.
Sources:
NISTIR 8286 from OMB M-16-17