Risk assessment
Risk | Impact | Probability | Mitigation |
|---|---|---|---|
Legal and Regulatory Risks | High | High | Comply with all relevant laws and regulations in the countries and states where the platform operates |
Security Risks | High | High | Implement robust security measures to protect user data and prevent hacking and fraud |
Technical Risks | Medium | High | Continuously test and update the platform to ensure reliability and scalability |
Marketing and User Acquisition Risks | Medium | Medium | Develop a comprehensive marketing strategy and continuously monitor user acquisition metrics |
Financial Risks | Medium | Medium | Develop a comprehensive financial plan and continuously monitor financial performance |
Last modified 8mo ago