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The set of assumptions, constraints, risk tolerances, and priorities/trade-offs that shape an organization’s approach for managing risk
Source(s):
NIST SP 800-161r1
under Risk Framing
from
NIST SP 800-39
Risk framing is the set of assumptions, constraints, risk tolerances, and priorities/trade-offs that shape an organization’s approach for managing risk.
Source(s):
NIST SP 800-160 Vol. 2 Rev. 1
from
NIST SP 800-39