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risk framing

Definitions:

  The set of assumptions, constraints, risk tolerances, and priorities/trade-offs that shape an organization’s approach for managing risk
Sources:
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.
Sources:
NIST SP 800-160 Vol. 2 Rev. 1 from NIST SP 800-39