How to resolve Sprinto check for periodic risk assessment

About

Check: Periodic Risk Assessment Completion

The above-mentioned Sprinto check serves as a reminder for any user on your Sprinto account contributing to the compliance program to run the risk assessment of the organization’s risk profile. This process is crucial to identify any need for incorporating new risks or removing previously added risks due to changes in processes, operations, or the organization's overall structure. The assessment thoroughly examines the overall risk posture, ensuring the implementation of appropriate mitigation controls for each identified risk.

Purpose

The primary objective of this Sprinto check is to systematically assess the organization's risk profile, ensuring comprehensive coverage of potential risks that the organization might encounter. The assessment involves the modification of the risk profile to keep it up-to-date, taking into account all changes the organization has undergone since the last risk assessment.

Additionally, Sprinto captures the evidence of performing periodic risk assessments once you complete and acknowledge the assessment for the current cycle.

How to Resolve

To resolve this check, any admin user contributing to your compliance program on Sprinto can perform a thorough risk assessment. Risk assessment may include the following actions:

For detailed instructions, refer to how to perform a risk assessment on Sprinto.

Note: If you conduct a risk assessment outside Sprinto, you can fulfill compliance requirements by uploading your risk assessment report onto Sprinto. Refer to how to upload risk assessment report for detailed instructions.

• Adding new risks to the risk profile

• Removing redundant risks

• Diminishing the likelihood of risks by implementing robust mitigation controls