Recent Studies has shown that for 3 reasons: ineffective cultures, lack of organizational knowledge management and useless controls, risk management has become unsuccessful. The extreme growth of inexpensive and rapid information technologies has created remarkable and significant organizational innovations and as a result of this operational complication, risk management is enforced in order to be competitive and fast response towards market changes. If you want to be a leader in the market, should hunt the new opportunities and it requires fast response. At this stage a question is propounded: if you spend a long time for studying about the investment, the opportunity may not be alive anymore. Therefore, information is some how part of the risk management problem and also part of the solution. But information gathering without concerning to its inner knowledge would be unsafe. Accordingly lots of risk management problems are not due to lack of information, but the more is knowledge failure and its interpretation.