ABSTRACT
Risk Management (RM) is a managerial task concerned with continuously monitoring, evaluating and maintaining the risks levels that the company is or may be subject to, and to implementing suitable arrangements to prevent or limit the consequences of unacceptable risks. Such arrangements may typically consist of prevention in the form of security installations and guarding, preparedness in the form of disaster and emergency plans, and delegation of risks to service providers or insurances, which limit the fi nancial consequences for the organisation.
