ID.RA-04.159

Does your organization have a documented process where business leaders and cybersecurity professionals collaboratively assess and record risk scenarios with their likelihood and impact in risk registers?

Explanation

Joint risk assessment is the subject: whether business leaders and security professionals collaboratively evaluate risk scenarios and record their likelihood and impact in risk registers.

Effective risk management requires input from both business stakeholders who understand operational impacts and security professionals who can assess technical vulnerabilities and threats.

This collaborative approach ensures risks are evaluated holistically with appropriate context for both likelihood and business impact.

Evidence of fulfillment could include a formal risk assessment methodology document, completed risk registers showing both business and security input, meeting minutes from risk assessment sessions with both teams present, or a risk management policy that explicitly requires this collaboration.

Implementation Example

Business leaders and cybersecurity risk management practitioners work together to estimate the likelihood and impact of risk scenarios and record them in risk registers

ID: ID.RA-04.159

Context

Function
ID: IDENTIFY
Category
ID.RA: Risk Assessment
Sub-Category
Potential impacts and likelihoods of threats exploiting vulnerabilities are identified and recorded

Related questions