📊For example, a company may conduct periodic audits to review financial records, operational processes, and internal controls. By doing so, they can identify any gaps in risk management, governance, or compliance and take corrective actions. Another method that can be employed is to create an acceptable use policy. 📊Statistical methods based on historical data are used to measure risk, which is the probability of a loss. Common risk management techniques include standard deviation, Sharpe ratio, and beta. Value at Risk (VaR) and related metrics quantify potential dollar impacts and assess the likelihood of specific outcomes.

Concisely overview of the key risks and their potential impacts. Use clear, plain language, avoiding jargon and technical terms. Leverage visual aids like charts, graphs, and infographics to make data more accessible and engaging. Break the information into digestible segments, emphasizing the most critical points. Provide real-world examples and analogies to illustrate complex concepts. Encourage questions and provide straightforward answers. This approach ensures stakeholders can easily understand and engage with the risk data.

Use visuals like charts and graphs, focus on key insights, and relate risks to tangible outcomes. Summarize findings in clear, concise language for better engagement.

My experience says you should pursue one of two options. 1) Assume you know the best solution and are trusted to be right about that based on your professional opinion and present that rather than the data. 2) Present the data in the terms and context the stakeholders are familiar with and allow them to use their judgment to make decisions. I have been presented to by people pretending they aren't doing 1 and who find it unreasonable to do 2.