Risk Assessment And Prioritization Framework

A system and method of identifying, assessing and prioritizing risks are provided. The system and method may include a risk identification module that may identify one or more risks to a business, organization, entity, group or department within the entity, etc. One or more risk variables associated with each identified risk may then be identified. In some examples, the risk variables may be the same or substantially similar for all identified risks. A risk score for each identified risk variable may be determined and an overall risk score for each identified risk may then be determined based on the determined variable risk scores. In some examples, the overall score may be normalized on a predetermined scale. Once an overall score for each risk is determined, the risks having the highest priority may be identified.