Criticality High Active

Scenario Analysis

Establishes processes to develop and analyze risk scenarios for extreme but plausible events, evaluating potential impacts, likelihood, and response preparedness for severe disruption events.

Control ID
RSK-009
Domain Code
RSK
Control Nature
Corrective
Business Owner
Risk Owner / Business Continuity Manager
Category
Administrative
Compensating Control
No

Control Overview

RSK-009 · Full Control Profile
Business Description

Conduct scenario analysis to understand the potential impact of extreme but plausible events.

Business Objective

To prepare for and build resilience against severe risk events.

Business Benefits

    Business Risks if Missing

      Stakeholders, Industries & Technologies

      RSK-009 · 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 →
      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-009-R001 Scenario Framework The organization shall establish a scena... RSK-009 Scenario Analysis Chief Risk Officer, Risk Management, CISO View ↗
      RSK-009-R002 Scenario Identification The organization shall identify risk sce... RSK-009 Scenario Analysis Risk Management, Business Continuity, CISO View ↗
      RSK-009-R003 Scenario Development The organization shall develop detailed... RSK-009 Scenario Analysis Risk Management, Business Unit Leaders, CISO View ↗
      RSK-009-R004 Impact Analysis The organization shall conduct impact an... RSK-009 Scenario Analysis Risk Management, Business Continuity, Business Unit Leaders View ↗
      RSK-009-R005 Likelihood Evaluation The organization shall conduct likelihoo... RSK-009 Scenario Analysis Risk Management, Risk Analysts, Security Operations View ↗
      RSK-009-R006 Response Planning The organization shall develop response... RSK-009 Scenario Analysis Incident Response, Business Continuity, Risk Management View ↗
      RSK-009-R007 Scenario Review The organization shall conduct periodic... RSK-009 Scenario Analysis Risk Management, Business Continuity, CISO View ↗
      RSK-009-R008 Lessons Learned The organization shall capture and integ... RSK-009 Scenario Analysis Risk Management, Business Continuity, Incident Response View ↗
      RSK-009-R009 Scenario Reporting The organization shall report on scenari... RSK-009 Scenario Analysis Chief Risk Officer, Risk Management, CISO View ↗
      RSK-009-R010 Scenario Continuous Improvement The organization shall drive ongoing enh... RSK-009 Scenario Analysis Chief Compliance Officer, Compliance Management View ↗