Using generic technology terms in IT risk assessment reports to management offers several benefits,

primarily clarity in interpreting reported risks. Here’s an in-depth explanation:

Avoiding Technical Jargon: Management teams may not have a technical background. Using generic

technology terms ensures that the risk reports are understandable, avoiding technical jargon that

might confuse non-technical stakeholders.

Clear Communication: Clarity in communication is essential for effective risk management. When

risks are described using simple, generic terms, it becomes easier for management to grasp the

severity and implications of the risks, leading to better-informed decision-making.

Promoting Risk Awareness: Clear and understandable risk reports enhance risk awareness among key

stakeholders. This fosters a culture of risk awareness and encourages proactive risk management

across the organization.

Consistency in Reporting: Generic terms provide a standardized way of reporting risks, ensuring

consistency across different reports and departments. This standardization helps in comparing and

aggregating risk data more effectively.

Reference: ISA 315 highlights the importance of clear communication in the risk assessment process,

ensuring that all stakeholders have a common understanding of the identified risks and their

potential impacts​​​​.