Which of the following is not a risk management framework?

The correct answer identifies Hex GBL as the option that is not recognized as a formal risk management framework. In contrast, the other options are well-established frameworks that provide structured approaches to managing risks.

ISO 31000:2009 offers a comprehensive set of guidelines for risk management applicable to various organizations, emphasizing principles and processes that can be adapted to specific contexts. It is internationally recognized and aimed at improving decision-making and performance through effective risk management.

COBIT (Control Objectives for Information and Related Technologies) is a framework developed for the management and governance of enterprise IT, which incorporates risk management as a key component, helping organizations align their information technology projects with business goals and manage risks effectively.

NIST SP 800-37 is a publication from the National Institute of Standards and Technology that outlines a risk management framework specifically tailored for federal information systems. It provides a structured process for integrating security and risk management activities into the system development life cycle.

In this context, Hex GBL does not fit into the recognized category of formal risk management frameworks, which is why it is correct to identify it as the exception amongst the options listed.