Risk Assessment

Risk assessment is the systematic process of evaluating the potential risks that may be involved in a projected activity or undertaking. To assess the risks, different tools and methods can be utilized. In addition, risk assessment also involves determining the likelihood of risks that will threat the system in the future.


Risk Management

Risk management describes the process and practices of companies in attempting to prevent malicious or fraudulent activity from occurring within their systems, as well as addressing any other issues that would create financial risks. It can be more simply defined as the practice of forecasting and evaluating potential financial risks alongside identification procedures that aim to avoid or minimize their impact.


Risk-Based Authentication

Risk-based authentication is a non-static authentication system which takes into account the profile(IP address, User-Agent HTTP header, time of access, and so on) of the agent requesting access to the system to determine the risk profile associated with that transaction. False insurance claims are insurance claims filed with an intent to defraud an insurance provider.