Risk management in the SDC forms one of the basic elements of the SDC’s strategies. So that a comprehensive framework is developed to integrate, design, evaluate and improve the response to the potential risks that could affect the operational transactions of tasks assigned to the SDC with the utmost accuracy, safety and reliability in accordance with international standards and best practices. In order to achieve this, the SDC adopts the following strategies:
Develop effective frameworks and policies: to deal with financial, operational, legal and technological risks.
Integrated management: is considered an integral part of all organizational activities at the SDC, involves all stakeholders and is adopted as a comprehensive risk management effort.
Commitment to comprehensive cooperation in risk management: including the opinions and perceptions of stakeholders, to increase awareness of risks and predict them in accordance with changes and developments.
A dynamic response to variables: in the internal and external context of the SDC’s environment is achieved by providing evidence-based and fact-based information, ensuring its updating, accuracy and timely access. Risks are dealt with and responded to as follows:

• Risk Control: Implementing controls and precautionary measures to reduce the impact and likelihood of negative risks and ensure they remain within acceptable levels.
• Risk Avoidance: Developing preventive and re-active plans to deal with or eliminate the causes of negative risks.
• Risk Acceptance/Tolerance: Accepting risks if their consequences can be borne to obtain positive results in the long term, or if they cannot be avoided with re-active plans and have become a reality and the costs of treating them are much higher than bearing them.
• Risk Transfer: Transferring risks to another party to avoid their consequences, which requires paying a fee to bear these risks.

Responsibilities:
Establishing a risk management policy is one of the authorities of the Board of Directors, which is also responsible for approving the strategy and identify the degree of risk, as well as the annual review or whenever the need arises. While the Executive Management is responsible for implementing and planning risk management activities at the SDC.
Their duties are as follows:
First: The role of the executive management

1. Follow up on the implementation of the annual risk management plan: Involve the SDC's departments in identifying the risks that fall within their responsibilities, and provide the risk management unit with continuous updates and information about them.
2. Proactively deal with risks: Proactively highlight emerging risks and develop plans to address them after analyzing and evaluating them.
3. Re-evaluate risks: Continuously monitor the risk assessment after starting to implement the prepared plans.
4. Disseminate and adopt a risk management culture: Enhance employees' awareness of the importance of risk management and encourage them to adopt this culture.

Second: The role of the Risk Management Unit

1. Studying potential risks: identifying, analyzing and evaluating risks, developing plans and policies necessary to deal with them, and monitoring, observing and reviewing any developments that may arise.
2. Protecting the SDC: increasing awareness of the opportunities and threats that the SDC may face, to seize opportunities and avoid threats.
3. Increasing awareness of the consequences of risks: Raising awareness of the SDC's departments about the consequences of risks that may fall within their responsibilities, and enhancing mechanisms for dealing with them.