ISO/IEC 23894:2023
Risk management process – ISO/IEC 23894:2023

ISO/IEC 23894:2023 6.3.4: Defining risk criteria

The organization states how much risk, and of what kinds, it is prepared or not prepared to take, and fixes criteria for judging how significant a risk is (ISO 31000:2018, 6.3.4), considering: the kinds of uncertainty, tangible or intangible, that can affect outcomes and objectives; how consequences and likelihood are defined and measured; timing factors; whether measurement is consistent; how a level of risk is arrived at; how several risks together or in sequence are handled; and the organization's capacity. For AI the criteria also reflect the Annex A objectives and effects on individuals and society, not only on the organization.

Maintained by Gerard BlokdykControl text last updated

What else in your programme already covers this

This control maps to 4 controls across 2 other frameworks. If you already hold one of them, the evidence you collected for it is the starting point here rather than new work.

ISO 19011:2018 · 2 controls

  • 5.5.2 Defining the objectives, scope and criteria for an individual audit
  • 7.3 Establishing auditor evaluation criteria

ISO 31000:2018 · 1 control

  • 6.3.4 Defining risk criteria

Every mapping shown was judged rather than inferred from wording similarity, and the ones that failed review are published too. See the coverage reports and what was rejected.

Other controls in Risk management process – ISO/IEC 23894:2023

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