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Configure the Risk Profile

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Overview
The Active Risk Profile section allows you to fine-tune your risk management approach. Here, you can select and activate relevant compliance frameworks, define key business risks, and customize the scope to ensure your risk profile is tailored to your organization's needs. This helps ensure that your risk management efforts are targeted and effective, providing the right level of oversight where it matters most.


Instruction video for configuration of a compliance risk


Key Actions:

  • Select Compliance Frameworks: Choose the compliance frameworks that are most applicable to your industry and business needs. This helps guide your compliance journey by providing specific controls and standards to follow.

  • Define Business Risks: Identify the primary business risks that could impact your operations. By defining these, you create a proactive approach to managing potential threats.

  • Risk Details: Customize the details of your risk, focusing on mapping risk to your organization's assets and stakeholders. This helps you align your risk management efforts with your business priorities and gain an understanding of interdependencies.

Tips for Getting Started:

  • Choose the compliance frameworks that your organization must adhere to, and start with the most critical one.

  • Define a scope that is practical and focused on the key risks that impact your business's success.

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