Risk Register overview
Note
The Risk Register is an additional module available for purchase.
The Risk Register provides consistency in helping you identify and assess risks, as well as plan strategic responses to mitigate those risks.
Depending on the size of your organization, you might manage multiple compliance frameworks, each with a considerable amount of risks. All of these risks have data associated with them such as the description of the risk, the date the risk was identified, the individual who identified it, where the risk came from, and the consequences of the risk if it’s not addressed.
Hyperproof's Risk Register captures all of this data—and more—in one location. In the Risk Register, you'll find different snapshots of your risk data so that you can easily determine which risks need to be dealt with immediately.
Tip
Refer to the Hyperproof blog for more information on how to build and maintain a Risk Register (plus examples and templates).
To effectively use the Risk Register, stakeholders must understand the context, i.e. the environment in which your organization operates and is influenced by the risks involved. Your organization’s senior-level management should describe how the organization intends to assess a risk, respond to a risk, and monitor that risk, making explicit and transparent the risk perceptions that organizations routinely use in making both investment and operational decisions.
Risk Register video
Watch this short video to learn more about the Risk Register
Risk notes and overflow menu
Watch this short video to learn more about adding notes to risks and the options on the overflow menu.