Criticality Critical Active

Risk Treatment & Response

Establishes structured risk treatment processes to select and implement strategies for mitigating, transferring, accepting, or avoiding identified risks based on assessment results and organizational risk appetite.

Control ID
RSK-004
Domain Code
RSK
Control Nature
Corrective
Business Owner
Business Owner
Category
Operational
Compensating Control
No

Control Overview

RSK-004 · Full Control Profile
Business Description

Define and implement strategies for mitigating, transferring, accepting, or avoiding identified risks.

Business Objective

To manage risks to a level acceptable to the business.

Business Benefits

    Business Risks if Missing

      Stakeholders, Industries & Technologies

      RSK-004 · Operating Context

      Primary Stakeholders

      Applicable Industries

      Applicable Technologies

      Mapped Regulatory & Industry Frameworks

      Harmonized Framework Mappings

      The following compliance and regulatory frameworks map directly to this control's governance scope.

      FRAMEWORK CODE FRAMEWORK NAME & DESCRIPTION FAMILY / CATEGORY VERSION ACTION
      IRDAI IRDAI Information & Cyber Security Guidelines IRDAI information and cyber-security requirements...
      India
      Guideline
      		 vLatest View →
      RBI-CSF RBI Cyber Security Framework / Master Directions RBI cyber-security requirements and directions set...
      India
      Regulation
      		 vLatest View →
      SEBI-CSCRF SEBI Cyber Security & Cyber Resilience Framework SEBI’s Cybersecurity and Cyber Resilience Framewor...
      India
      Regulation
      		 vLatest View →
      DORA Digital Operational Resilience Act The EU Digital Operational Resilience Act establis...
      EU
      Regulation
      		 vCurrent View →
      NIS2 NIS2 Directive The NIS2 Directive establishes EU-wide cybersecuri...
      EU
      Directive
      		 vCurrent View →
      PCI-DSS PCI DSS PCI DSS is an industry security standard maintaine...
      PCI
      Standard
      		 v4 View →
      COBIT2019 COBIT COBIT is an enterprise governance and management f...
      COBIT
      Governance Framework
      		 v2019 View →
      ISO22301 ISO/IEC 22301 ISO 22301 specifies requirements for a Business Co...
      ISO
      Standard
      		 v2019 View →
      NIST-CSF NIST Cybersecurity Framework (CSF) The NIST Cybersecurity Framework provides high-lev...
      NIST
      Framework
      		 v2 View →
      NIST80053 NIST SP 800-53 NIST SP 800-53 Rev. 5 presents control families, i...
      NIST
      Control Catalog
      		 vRev. 5 View →
      GDPR General Data Protection Regulation (GDPR) The General Data Protection Regulation is a bindin...
      EU
      Regulation
      		 vCurrent View →
      NPCI-ISR NPCI Information Security Requirements NPCI information-security requirements define cont...
      India
      Standard
      		 vLatest View →
      SOC2 SOC 2 Trust Services Criteria SOC 2 is an independent examination and reporting...
      AICPA
      Audit Framework
      		 vLatest View →
      ISO27001 ISO/IEC 27001 ISO/IEC 27001 specifies auditable requirements for...
      ISO
      Standard
      		 v2022 View →

      Parent Domain Context

      Governance Domain Baseline
      Domain Name:
      Risk Management (RSK)
      Purpose:
      To identify, assess, and treat cybersecurity, privacy, and resilience risks.
      Scope:
      Enterprise
      View

      Compliance Requirements & Audit Crosswalk

      10 Specific Audit Clauses

      The following requirements dictate specific audit evidence criteria and testing steps mapped directly under this control.

      REQUIREMENT ID REQUIREMENT TITLE & DETAILS MAPPED CONTROL TYPICAL OWNER ACTION
      RSK-004-R001 Treatment Strategy The organization shall define risk treat... RSK-004 Risk Treatment & Response Risk Owners, Risk Management, CISO View ↗
      RSK-004-R002 Treatment Planning The organization shall develop formal pl... RSK-004 Risk Treatment & Response Risk Owners, Risk Management, Control Owners View ↗
      RSK-004-R003 Treatment Approval The organization shall establish approva... RSK-004 Risk Treatment & Response Chief Risk Officer, Risk Governance Committee, Risk Owners View ↗
      RSK-004-R004 Treatment Implementation The organization shall implement approve... RSK-004 Risk Treatment & Response Risk Owners, Control Owners, IT/Security Operations View ↗
      RSK-004-R005 Treatment Tracking The organization shall track risk treatm... RSK-004 Risk Treatment & Response Risk Management, Risk Owners View ↗
      RSK-004-R006 Residual Risk Validation The organization shall validate residual... RSK-004 Risk Treatment & Response Risk Owners, Risk Management, Control Owners View ↗
      RSK-004-R007 Treatment Review The organization shall conduct periodic... RSK-004 Risk Treatment & Response Risk Management, Risk Owners, CISO View ↗
      RSK-004-R008 Treatment Effectiveness The organization shall evaluate the over... RSK-004 Risk Treatment & Response Risk Management, Risk Owners, Control Owners View ↗
      RSK-004-R009 Treatment Reporting The organization shall report on risk tr... RSK-004 Risk Treatment & Response Chief Risk Officer, Risk Management View ↗
      RSK-004-R010 Treatment Continuous Improvement The organization shall drive ongoing enh... RSK-004 Risk Treatment & Response Risk Management, CISO, Quality Management View ↗