In Brown's taxonomy, systems risk is a form of:
A)Financial risk
B)Operational risk
C)Strategic risk
D)Hazard risk

Question

Quizplus · Accepted Answer

Systems risk is a type of operational risk, which refers to the risk of loss resulting from inadequate or failed internal processes, people, or systems. It includes risks related to technology failures, system breaches, and errors or fraud committed by employees. Financial risk relates to the risk of loss due to changes in the market or financial conditions, strategic risk relates to risks associated with an organization's strategy, and hazard risk relates to risks associated with natural disasters or other catastrophic events.

In Brown's Taxonomy, Systems Risk Is a Form Of