Liittyvätriskien

Liittyvätriskien is a term used in risk management to describe risks that are linked to a primary risk, decision, or system. These risks arise from interactions and dependencies between components, so the occurrence of one risk can influence the likelihood or impact of others. Related risks can amplify, mitigate, or alter overall exposure.

In practice, related risks are not isolated. They span categories such as market, credit, operational, regulatory, cyber, and reputational risk, and they often interact across processes, functions, or supply chains. For example, a downturn in financial markets can increase credit losses and liquidity pressure, while a supplier disruption may lead to quality problems and regulatory scrutiny.

Identification and assessment of related risks rely on mapping interdependencies. Risk registers, dependency diagrams, scenario analysis, and techniques such as fault-tree or bow-tie analysis help reveal how risks cascade or reinforce each other. Correlations, potential chain reactions, and triggering events are evaluated to understand the systemic nature of exposure.

Mitigation of related risks involves coordinated strategies. These include diversification of exposures, hedging, contractual safeguards, contingency planning, incident response, and continuous monitoring. Effective governance requires regular reviews of linked risks, updating risk mappings as conditions change, and clear ownership for monitoring interdependencies.

Limitations include the dynamic nature of dependencies and the challenge of accurately predicting changing correlations. Despite these difficulties, recognizing related risks is essential for a comprehensive view of overall risk and for informing resilient decision-making.