Risk avoidance and acceptance has been interchanged: Risk avoidance is a way for businesses to reduce their level of risk by not engaging in certain high-risk activities. While it's impossible to eliminate all risks, a risk avoidance strategy can help prevent some losses from happening. Accepting risk, or risk acceptance, occurs when a business or individual acknowledges that the potential loss from a risk is not great enough to warrant spending money to avoid it. Also known as "risk retention," it is an aspect of risk management commonly found in the business or investment fields.
@jackieo71132 жыл бұрын
You really have a gift for translating complex/thorny topics into everyday, easy-to-understand and how-to-apply practically terms! Thanks so much for sharing your wisdom with us, Sir
@lightning108616 күн бұрын
This is about the best viudeos I have seen. Thanks.
@mesaadiqbal Жыл бұрын
Thanks Prabh, your content is helpful. I have watched your videos for the past few weeks, I would very humbly point out some English corrections for you to consider; 0:22 - "...some few questions". Here, you can say either some questions or you may say few questions, using both at the same time is not needed. 0:27 - "This video, I am making in a two parts". Here "a" can not be used, so you would say, I am making in two parts 0:46 - "you can refer my LinkedIn profile". Here you must add "to", so you should say, "you can refer refer to my LinkedIn profile.", furthermore, it would be even better if you replace "can" with "may". , so you would say, "You may refer to my LinkedIn profile" 0:50 - so without wasting "a" time. Here you should replace a with any because with time we use "any" and not "a", you should say, without wasting "any" time. The above is sample for the first minute of your video, hope this helps. thanks once again for your content.
@Pro_playz157 Жыл бұрын
This is one of the finest videos I have seen for the reference of GRC interview. Really good job @Prabh🙏
@karnaveersingh23322 жыл бұрын
Ultimate videos Prabh!! Anything for interviews of (ISO 27001:2013,SOC2,GDPR). Thanks.
@jonathanxiong85213 ай бұрын
Love love Love the explanation at the end on Risk appetite, tolerance and cpacity.
@victorobiora46568 ай бұрын
For now, this video is the best I have seen on GRC.
@52975298 Жыл бұрын
Sir: your video is one of the best in that topic. Thank you!
@allannjuguna6692 жыл бұрын
Excellent work sir! The way you breakdown the answers is amazing. Clear and precise. New to GRC and I’ve been trying to find different channels to learn and so far you’re on top of my list. Thanks again.
@ankush12752 жыл бұрын
It was very well curated. Thanks Prabh. In response to question 4 we may add knowing the interested parties, scope of organization, creating risk assessment and treatment plans. Then conducting risk assessment.
@PrabhNair12 жыл бұрын
Yes ankush it's just an high level i covered that is why I have not added that point
@ishwaryanarayan1010 Жыл бұрын
Great video! Keep doing more GRC series videos . We have less resources in the field of GRC and your channel is really helpful ! Thank you sir
@nirmal48862 жыл бұрын
Thank you, Guru Ji. More video's on consultant job interview questions would be beneficial.
@olutosinduro4208 Жыл бұрын
Very helpful. Your simplicity in demystify complex questions is commendable 😊
@miraclebabe20086 ай бұрын
Wow so informative! You really explained the information with easy examples. I took some great notes and now I understand it a lot better. Thank you!
@Homebased_Official Жыл бұрын
Fantastic breakdown
@romeoowusuagyemangagyemang6764 Жыл бұрын
Very great content information. Please keep them coming
@fahmad20122 жыл бұрын
Most awaited video, waiting for more questions.
@PhunmieAj14 күн бұрын
very useful and informative video. Great 👌
@fitready3639 Жыл бұрын
This is a comprehensive overview. Very good. Thank you. I enjoy your content.
@VandanaK-lf7su Жыл бұрын
Very Informative Prabh Nair, Thanks for posting!
@AbdulRauf-yy2ws Жыл бұрын
Indeed, excellent and very well elaborated in simple words. Keep it up
@Manni-Manni3 ай бұрын
This is a genius explanation, subscribed and hungry for more knowledge 🙏🏾
@hariprakash5697 Жыл бұрын
Really and simplly explanation of the subject Gentleman.
@shylock714 Жыл бұрын
So simple to follow and will look for more of your videos to watch
@anonymous959906 ай бұрын
Immensely grateful for the video Prabh, thanks
@krysco993 Жыл бұрын
Wow you break it down splendidly. Grateful
@kashishhinduja45152 жыл бұрын
Amazing Video Specially Risk management part
@abhinandanpatil3066 Жыл бұрын
Thanks for the great explanation of GRC concepts
@somusekhar39732 жыл бұрын
Good explanation with perfect examples.tnqs for your lectures
@felixtantangha92017 ай бұрын
Thank you, and just simply awesome presentation.
@umarshaikh5229 Жыл бұрын
Thanks Prabh, video was simple & informative.
@baabajohnson5245 Жыл бұрын
Great video, thank you for sharing
@apoorvpatil1346 Жыл бұрын
Hey, love your channel! Clear and beautiful explanation:)❤
@cemen777 Жыл бұрын
Good stuff, thanks for the video. Subscribed.
@RanjithKumarSriramGowda2 жыл бұрын
Excelllent one Prabh ...
@sjeyakirujan88897 ай бұрын
Superb bro...expecting more.Thanks
@curiositymars6688 Жыл бұрын
Awesome content. Thanks Prabh
@MeMD Жыл бұрын
Excellent! Thank you! Prabh
@FLASHINGNEWSTV8 ай бұрын
Great job, more interview questions pls. 👍🏾
@balijeanbirba3456 Жыл бұрын
Excellent explanation. Thanks!
@JonahGobah Жыл бұрын
Excellent video.
@ashishanand84392 жыл бұрын
Please make one video how to conduct risk assessment 🙏🙏🙏
@shokofehshojaei59814 ай бұрын
Very good content, thank you
@vishnurnair2201 Жыл бұрын
Hi prabh thanks for making this video
@yashwanthinti4336 Жыл бұрын
Quite Useful Video Prab
@SwatiRana-l3d5 ай бұрын
very thankful for the content and explanation. could you please elaborate on risk evaluation. what steps does it include? Thank you!
@beautyuche5 ай бұрын
Great video..
@azamcomplex2 жыл бұрын
Good Explanation Prabh.....
@OdodoayoMemudu4 ай бұрын
Very helpful! Thank you
@cihangirarslan746410 ай бұрын
Great content. Thank you
@visionaryeyes17598 ай бұрын
Great video
@bhavyayadav98102 ай бұрын
how to audit network security, firewall, and if server has ended its lifecycle what crucial steps needs to be taken, could you pls make a video on it
@gautamghosh16152 жыл бұрын
Dear prabh sir, can you please make a coffee shot on difference between due diligence and due care .I am unable to grasp the core concept.
@sayakmukherjee47996 ай бұрын
Best video
@shashwattewarishaz12 Жыл бұрын
How to break into the GRC field of Cybersecurity from other fields like network security etc ?
@normanzjames2 жыл бұрын
This is really good, thank you.
@ryanreta37127 ай бұрын
Thanks Prabh 🍻
@MegaJusttosee Жыл бұрын
Hi Prabh, As usual great stuff and KT, It would be wonderful if you could also add examples based scenario, task, action and results. That will be great value to these sessions.
@PrabhNair1 Жыл бұрын
kzbin.info/www/bejne/q5qvk3x_p6d-Z8U Hi Divya thanks for feedback just check this one
@PrabhNair1 Жыл бұрын
kzbin.info/www/bejne/q5SuhaV7rJaDe9U
@ponnuribalaji Жыл бұрын
Ultimate
@balu_rajasekharan9 ай бұрын
Amazing!
@yusufraza851310 ай бұрын
Hi Prabh Sir , You have not speak about the Risk Evaluation , can you explain Risk Evaluation with some example.
@vashtihill80102 жыл бұрын
Absolutely helpful, thank you
@jyotiraut16022 жыл бұрын
very helpful video..
@abhijeetmane1519 Жыл бұрын
Nice video ❤❤
@maintenanceculture4465 Жыл бұрын
Great teaching. Do you organize training? I would love to join
@dlingwal1 Жыл бұрын
Question: As a high level , we do risk assessment first or Threat Modelling, if need to place security from scratch?
@nobojitpaul96942 жыл бұрын
Amazing
@itspihu22932 жыл бұрын
thanks sir very well explained
@anjankumar84942 жыл бұрын
SOP- Is that Standard Operational procedure or Statement of Procedure?
@tradefast43452 жыл бұрын
SOP is Standard Operating Procedure
@panchambhasin76869 ай бұрын
Hi Prabh, is the SSO password or login credentials of an individual categorised under privacy or secrecy? My understanding is that it can give unauthorised access to hackers to company's records and should be tagged as secrecy. Would request your views pls.
@mdjiyauddinansari70836 ай бұрын
what is roles and resposibilities in grc can you make on video
@KaranSharma-fr8hu11 ай бұрын
Hi Prabh, Cab you explain key differences between GLBA and SOX?
@ngiri2 жыл бұрын
Awesome
@PrabhNair12 жыл бұрын
Thanks sir :)
@liyanagelnp2 жыл бұрын
Perfect presentation
@boofarms571419 күн бұрын
Yea thank you
@nidhisingh-ht6dr9 ай бұрын
plz create these types of questions for iso27001:2022
@vishalvmane Жыл бұрын
Are you provide classed for SAP access control and GRC consultant?
@shaswatmanojjha5726 Жыл бұрын
Why do we say risk cant be eliminated. If there is a risk of me falling down from the terrace of my building. I will eliminate the risk by locking the terrace with 50 locks and then throwing the keys in ocean. Will I ever fall from that building.??
@azmuccie Жыл бұрын
Apart from the building which you mitigated by locks etc etc..but that does not stop someone from getting injured from other threats e.g road accident, falling from stairs, getting hit by heavy objects from thieves etc .. that's why there is no term called 100 % risk free and secure
@champarankachorra10312 жыл бұрын
I was passed 12th 2018 and now I am BCA first year student so what can I do best for myself to easily I can Crack my GRC interview. And in my education carrier 3 year gap so it will effect to get a job.
@Zibby22 жыл бұрын
Where can we find some CyberSec GRC projects or work loads to work on?
@irshadrafiq Жыл бұрын
Thank you
@yusufraza8513 Жыл бұрын
Hi prabh Sir , Small correction I think it should be second party is performed on supplier and not by supplier time frame 12: 21 to 23 . Please suggest I am right or wrong?
@ankittyagi1421 Жыл бұрын
Performed on Supplier
@morkermink123 Жыл бұрын
Audio quality is very poor(low) Prabh, Something to do at your end?
@Homebased_Official Жыл бұрын
Not at all - Sounds great to me
@vinayvenkata2 жыл бұрын
Can we have more questions Prabh in relation to GRC.
@PrabhNair12 жыл бұрын
Next video is same for that
@miniaturefantasyvlogs2 жыл бұрын
Hello Sir, it was really a great video....👌👌👌👌 My only doubt is regarding Risk Acceptance.. it is something like accepting the risk of being the device vulnerable as they can't fix that due to xyz reason due to their application compatibility? Is that not right
@tradefast43452 жыл бұрын
We accept the Risk if spending money on remedial measure is not worth of that risk. i.e If ROI is less, we accept that risk
@sampadapaynaik8128Ай бұрын
is this related to sap grc
@manoonmanoon41 Жыл бұрын
that is cyber security Audit?
@utkalakalinga1270 Жыл бұрын
I thought - SOP is Standard Operating Procedure
@singhwalker98797 ай бұрын
Thanks :D
@rajasekhary78302 жыл бұрын
Hi pranha any requirement security Grc
@foodie994110 ай бұрын
sound is very low on the video
@Help607 ай бұрын
May be your device problem.
@foodie99417 ай бұрын
@@Help60Device working fine
@ntcuong01ct1 Жыл бұрын
Dear Friends, I have a question: 1/ Which department will be responsible for implementing compliance functionality in the GRC?. Thank you.
@PrabhNair1 Жыл бұрын
Level 2
@ntcuong01ct1 Жыл бұрын
@@PrabhNair1 , could you answer clearly?
@ichigo8000 Жыл бұрын
@@ntcuong01ct1 I believe he's talking about Level 2 of the 3 lines of defense (1st line Operational Management (usually risk owners), 2nd line Risk Management professionals or level 2 as he said, and the 3rd line Internal Auditors or the enterprise's audit function. Hope this helped