Skip to content

Loss Event

What is Loss Event?

An occurrence that results in actual financial loss, operational disruption, or other negative impact to an organization.

Risk Management

Frameworks that govern loss event

PCI DSS v4.0View framework →NIST Cybersecurity Framework 2.0View framework →ISO 27001:2022View framework →

What the standards actually require on loss event

Requirements naming loss event across 2 standards, quoted from the control text.

New Zealand Information Security Manual (NZISM)1 control

Event logs must be protected against modification, against unauthorised access, and against being lost in whole or in part during the defined retention period.

new-zealand-information-security-manual-nzism::16.6.12.C.01 · 16.6.12.C.01 Protect event logs from change, access and loss →
SOC 21 control

Measures to reduce the risk of business disruption are identified, selected and developed. Points of focus: policies, procedures, communication plans and fallback processing are prepared in advance so the organisation can respond, limit the damage and recover...

SOC2-CC9.1 · CC9.1 Mitigating risks of business disruption →

Questions people ask about loss event

What is Loss Event?
An occurrence that results in actual financial loss, operational disruption, or other negative impact to an organization.
Why is Loss Event important for compliance?
Loss Event is a key concept in Risk Management. Understanding loss event helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 1,016 frameworks with 316K cross-framework control mappings.
Which compliance frameworks address Loss Event?
Loss Event appears in the requirement text of New Zealand Information Security Manual (NZISM), SOC 2. Across these standards we have identified 2 controls that name it directly, each linked to the control text on the compliance platform.
Where can I learn more about Loss Event?
Explore our compliance framework pages to see how loss event applies across different standards and regulations. Our implementation guides provide step-by-step guidance, and the compliance platform offers AI-powered analysis of how this concept maps across 1,016 frameworks.

See how Loss Event applies across compliance frameworks

Our platform maps 1,016 frameworks with 316K cross-framework control mappings. Explore how this concept is addressed across standards.

Explore on Platform
Written and maintained by Gerard Blokdyk, The Art of Service.