Managing risk is essential for compliance, security, and operational resilience. This guide outlines the entire process for managing risk in Secfix and explains why following these steps is critical for your organization.
Introduction to Risk Management
Risk management helps identify, assess, and reduce potential threats to your company’s assets and daily operations. A solid risk management process demonstrates to auditors that your company is proactive and compliant with standards like ISO 27001.
In Secfix, the risk management process relies on three key tools:
Risk Management Policy (POL-09): A document that explains how your organization identifies, evaluates, and handles risks. It outlines responsibilities, assessment methods, and measurement criteria for likelihood and impact. You can find the template in your dedicated customer folder.
Risk Assessment: Conducted through four in-app surveys (Legal, HR, Tech, InfoSec) that help you identify potential risk scenarios.
Risk Register: A dynamic tool in the app where you manage and track all identified risks, assign owners, set levels, and plan mitigations. This register should be updated and reviewed quarterly.
Process Summary:
Step | Action | Outcome |
Risk Assessment | Complete surveys with your team | Risk scenarios generated in the risk register |
Complete Risk Register | Review scenarios, assign owners, create treatment plans | Risks are fully documented and approved |
Maintain Risk Register (ongoing process) | Review, update, and manage tasks quarterly | Risks remain current and audit-ready |
Navigate to each step:
Conducting a Risk Assessment (Step 1)
Completing the Risk Register (Step 2)