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Risk Event

What is Risk Event?

An occurrence or change in circumstances that has a negative impact on the achievement of organizational objectives.

Risk Management

Frameworks that govern risk event

NIST Cybersecurity Framework 2.0View framework →ISO 27001:2022View framework →

What the standards actually require on risk event

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

APRA CPS 230 Operational Risk Management1 control

The entity must maintain a comprehensive assessment of its operational risk profile, supported by information systems that monitor operational risk and enable reporting to the Board and senior management, by documentation of the processes and resources needed...

CPS230-P27 · Comprehensive Assessment of the Operational Risk Profile →
French Sapin II Law (Law No. 2016-1691)1 control

Sapin II Pillar 6 - Anti-Corruption Training (Programmes de formation). REQUIREMENTS: (a) GENERAL AWARENESS training for ALL employees (typically online + 30-60 minutes + annual refresh);

Sapin2-Pillar6-Training · Pillar 6 - Anti-Corruption Training Program →

Questions people ask about risk event

What is Risk Event?
An occurrence or change in circumstances that has a negative impact on the achievement of organizational objectives.
Why is Risk Event important for compliance?
Risk Event is a key concept in Risk Management. Understanding risk event helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 686 frameworks with 311K cross-framework control mappings.
Which compliance frameworks address Risk Event?
Risk Event appears in the requirement text of APRA CPS 230 Operational Risk Management, French Sapin II Law (Law No. 2016-1691). 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 Risk Event?
Explore our compliance framework pages to see how risk 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 686 frameworks.

See how Risk Event applies across compliance frameworks

Our platform maps 686 frameworks with 311K cross-framework control mappings. Explore how this concept is addressed across standards.

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