Risk Sharing
What is Risk Sharing?
A risk treatment strategy where the risk is shared with another party, such as through joint ventures, partnerships, or outsourcing arrangements.
Frameworks that govern risk sharing
What the standards actually require on risk sharing
Requirements naming risk sharing across this standard, quoted from the control text.
NIST SP 800-391 control
Execute the Respond step per NIST SP 800-39 Chapter 3 Section 3.3. Risk response includes (a) identifying alternative courses of action for responding to risk (accept + avoid + mitigate + share + transfer per Section 2.5.2), (b) evaluating alternatives against...
NISTSP39-4 · Risk Responding: Identify, Evaluate, Decide, Implement →Questions people ask about risk sharing
What is Risk Sharing?
A risk treatment strategy where the risk is shared with another party, such as through joint ventures, partnerships, or outsourcing arrangements.
Why is Risk Sharing important for compliance?
Risk Sharing is a key concept in Risk Management. Understanding risk sharing helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 686 frameworks with 311K cross-framework control mappings.
Which compliance frameworks address Risk Sharing?
Risk Sharing appears in the requirement text of NIST SP 800-39. Across these standards we have identified 1 control that names it directly, each linked to the control text on the compliance platform.
Where can I learn more about Risk Sharing?
Explore our compliance framework pages to see how risk sharing applies across different standards and regulations. Our implementation guides provide step-by-step guidance, and the compliance platform offers AI-powered analysis of how this concept maps across 686 frameworks.
See how Risk Sharing applies across compliance frameworks
Our platform maps 686 frameworks with 311K cross-framework control mappings. Explore how this concept is addressed across standards.
Written and maintained by Gerard Blokdyk, The Art of Service.