Active

Risk Monitoring

The organization shall maintain ongoing risk monitoring processes that track the status of identified risks and the effectiveness of risk treatment measures. Monitoring shall include collection and analysis of risk indicators, tracking of risk levels, and identification of changes in the risk environment, with results reported to relevant stakeholders.

Requirement ID
RSK-005-R002
Parent Control
RSK-005
Domain Code
RSK

Requirement Details & Guidance

RSK-005-R002 · RSK-005
Why This Requirement Exists

To maintain current visibility into identified risks and determine whether treatment remains effective.

Implementation Guidance

Track risk status, control effectiveness, indicators, treatment progress, and relevant environmental changes; update the risk register; escalate material changes promptly.

Practical Application & Audit Readiness

RSK-005-R002 · Field Guidance

Business Examples

    Common Audit Findings

      Common Mistakes

        Best Practices & Ownership

        RSK-005 · Recommended Approach

        Recommended Practices

          Typical Owner

          Cross-Mapped Regulatory Frameworks

          Harmonized Control Mappings
          FRAMEWORK CODE FRAMEWORK NAME & DETAILS FAMILY / CATEGORY VERSION ACTION
          COBIT2019 COBIT COBIT is an enterprise governance and management f... Clause: 4.2 – Align, Plan and Organize (APO) > APO12 – Managed Risk > APO12.05 – Define a risk management action portfolio.
          COBIT
          Governance Framework
          		 v2019 View →
          DORA Digital Operational Resilience Act The EU Digital Operational Resilience Act establis... Clause: Article 6(8)(c) – Information security objectives, KPIs and key risk metrics Article 13(4) – Monitoring digital resilience strategy, incident patterns and ICT risk exposure
          EU
          Regulation
          		 vCurrent View →
          GDPR General Data Protection Regulation (GDPR) The General Data Protection Regulation is a bindin... Clause: Article 32(1) – Security of processing; Article 24(1) – Responsibility of the controller; Article 32(2) – Risk-based security measures
          EU
          Regulation
          		 vCurrent View →
          IRDAI IRDAI Information & Cyber Security Guidelines IRDAI information and cyber-security requirements... Clause: §1.8-VI – Continuous Monitoring and review
          India
          Guideline
          		 vLatest View →
          ISO22301 ISO/IEC 22301 ISO 22301 specifies requirements for a Business Co... Clause: 6.1.1 – Determining risks and opportunities; 6.1.2 – Addressing risks and opportunities; 8.2.3 – Risk assessment
          ISO
          Standard
          		 v2019 View →
          ISO27001 ISO/IEC 27001 ISO/IEC 27001 specifies auditable requirements for... Clause: 9.1 – Monitoring, measurement, analysis and evaluation
          ISO
          Standard
          		 v2022 View →
          NIS2 NIS2 Directive The NIS2 Directive establishes EU-wide cybersecuri... Clause: Article 21(2)(f) – Policies and procedures to assess the effectiveness of cybersecurity risk-management measures
          EU
          Directive
          		 vCurrent View →
          NIST-CSF NIST Cybersecurity Framework (CSF) The NIST Cybersecurity Framework provides high-lev... Clause: ID.RA – Risk Assessment | ID.RA-06 – Risk responses are chosen, prioritized, planned, tracked, and communicated
          NIST
          Framework
          		 v2 View →
          NIST80053 NIST SP 800-53 NIST SP 800-53 Rev. 5 presents control families, i... Clause: 3.13 – PROGRAM MANAGEMENT, 3.4 – ASSESSMENT, AUTHORIZATION, AND MONITORING; PM-6 – MEASURES OF PERFORMANCE, CA-7 – CONTINUOUS MONITORING
          NIST
          Control Catalog
          		 vRev. 5 View →
          NPCI-ISR NPCI Information Security Requirements NPCI information-security requirements define cont... Clause: Governance Controls; Policy, Roles and Risk Linkages – Cyber Risk Management programs
          India
          Standard
          		 vLatest View →
          PCI-DSS PCI DSS PCI DSS is an industry security standard maintaine... Clause: 12.3.1 – For each PCI DSS requirement that specifies; 12.3.2 – A targeted risk analysis is performed for each
          PCI
          Standard
          		 v4 View →
          RBI-CSF RBI Cyber Security Framework / Master Directions RBI cyber-security requirements and directions set... Clause: Circular §5 – Identification/assessment of inherent cyber risks and controls; 21) Metrics – 21.1 Comprehensive prospective and retrospective metrics including KPIs/KRIs
          India
          Regulation
          		 vLatest View →
          SEBI-CSCRF SEBI Cyber Security & Cyber Resilience Framework SEBI’s Cybersecurity and Cyber Resilience Framewor... Clause: 1.5 GV.RM: Risk Management
          India
          Regulation
          		 vLatest View →
          SOC2 SOC 2 Trust Services Criteria SOC 2 is an independent examination and reporting... Clause: CC3.2 – Risk Assessment – COSO Principle 7: The entity identifies risks to the achievement of its objectives across the entity and analyzes risks as a basis for determining how the risks should be managed. CC4.1 – Monitoring of Controls – COSO Principle 16: The entity selects, develops, and performs ongoing and/or separate evaluations to ascertain whether the components of internal control are present and functioning. CC7.2 – System Operations – The entity monitors system components and the operation of those components for anomalies that are indicative of malicious acts, natural disasters, and errors affecting the entity's ability to meet its objectives; anomalies are analyzed to determine whether they represent security events.
          AICPA
          Audit Framework
          		 vLatest 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

          Parent Control Context

          Control Baseline
          Control Name:
          Risk Monitoring & Reporting (RSK-005)
          Summary:
          Establishes continuous monitoring of risk status, treatment progress, and risk posture with regular reporting to management and governance bodies for informed decision-making.
          Business Description:
          Monitor the status of risk mitigation activities and provide regular risk reports to management.
          View