Has your organization documented risk management roles and responsibilities in a formal policy?

Clearly defined risk management roles and responsibilities ensure accountability and establish a structured approach to identifying, assessing, and mitigating security risks. Without documented responsibilities, critical security tasks may be overlooked or duplicated, leading to inefficiencies and potential security gaps. Formal documentation helps maintain consistency in risk management practices even during staff changes.

Evidence could include a risk management policy document, security governance framework, or RACI (Responsible, Accountable, Consulted, Informed) matrix that explicitly defines who is responsible for various aspects of risk management such as risk identification, assessment, mitigation, monitoring, and reporting.