Staff Risk
Staff Risk
Staff risk refers to the potential for negative consequences as a result of the actions or decisions of employees, such as fraud, data breaches, or compliance violations.
The risk of staff leaving is often considered to be a type of staff risk or a human resource risk, as it can have a significant impact on the operations and success of an organization. This is often referred to as Key Person Risk:
Key Person Risk indicates the Risk generated when significant organizational knowledge, visibility, status or performance rely to a significant degree on a single individual. - Key Person Risk, Open Risk Manual