Controls vs Treatment Plans

Controls vs treatment plans is a crucial balance! Risks require action to reduce them. While documenting risks in a risk register is a great first step, ensuring that these risks are within acceptable limits is key. Often, the “Inherent Risk Rating” of a risk is too high to accept and an organization must apply some mitigation and treatment procedures. 

For a more detailed explanation and visual representation, visiting the TrustRegister documentation directly would be beneficial.

Controls 

Controls are the number one way to successfully reduce risk as they present organization-wide checks, balances, and procedures to successfully detect, prevent, or correct issues. With TrustRegister, you get access to our comprehensive set of continuously monitored controls, which can be used to mitigate risks 

Treatment Plans and Tasks

Controls alone are not entirely sufficient for mitigating a risk. There is always some component of residual risk remaining. You need to remediate, continue mitigating, transfer, accept, or avoid this remaining risk.

Once you have determined how the risk will be treated, it is key to divide the remaining work amongst your team so each person can do their part in reducing the risk. For example, the risk of a data breach can be reduced by buying a cyber insurance policy, which would be helpful should the risk materialize. TrustRegister provides you with an easy way to create and manage treatment plan tasks directly for each risk.

Maximum Effectiveness

The balance between controls and treatment plans can be set within the product UI. This breakdown determines how much impact controls, overall, have on reducing risk versus treatment plans. 

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