Risk management as a factor of business security

Abstract

The article substantiates the need to manage the security of business structures. The role of risk management as the basis for ensuring security for their successful operation in a competitive environment is defined. The Russian and foreign practice of risk management of entrepreneurship is considered. Attention is paid to the principles of enterprise risk management, given their characteristics. The approach to the formalization of the degree of risk is analyzed, its drawbacks are noted. The practice of identification, assessment and measurement of risks, their content is covered. A formula for measuring risk based on the probability of its occurrence and the severity of losses has been compiled. The features of foreign risk measurement techniques have been determined. Such risk assessment technologies are described as: expert assessments, statistical data and consideration of factors affecting the degree of risk. The degree of their reliability, merits and demerits is noted. Recommendations on the use of qualitative and quantitative indicators in risk assessment are given. The concept of enterprise security management is proposed.