Black Swan Definition(s): A term popular in Business Continuity Management (BCM), based upon a book of the same name in which the author defines a black swan as an event
Risk Management
Auditor Definition(s): Person with competence to conduct an audit. Source: ASIS, ISO 9001 2000
Audit Definition(s): Formal inspection and verification to check whether a standard or set of guidelines is being followed, records are accurate, or efficiency and effectiveness targets are being met. Scope
Acceptable Risk Definition(s): The level of residual risk that has been determined to be a reasonable level of potential loss/disruption for a specific IT System. Source: NIST 800-16 A level