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    Risk Management

    Risk Management in WatchDog Security provides a centralized way to identify, assess, track, and remediate risks across your organization.
    The platform enables teams to generate risks automatically through guided assessments or create and manage risks manually. Each risk can be evaluated using standardized scoring based on impact and likelihood, allowing organizations to understand both their inherent risk (before controls) and residual risk (after mitigation).
    Who can use this feature?
    All Account Owners and Security Admins
    Any End Users assigned as an owner to one or more risks
    Available on the Free, Core and Business plans

    Key Features#

    Risk Assessments
    Generate risks automatically using structured questionnaires across security domains
    Risk Register
    View and manage all risks including inherited and residual risk values
    Manual Risks
    Create and track custom risks specific to your organization
    Risk Editing
    Update risk owners, descriptions, scoring, and treatment plans
    Task Management
    Break risks into actionable tasks with assignees and due dates
    Risk Lifecycle
    Archive and unarchive risks without losing historical context

    Key Concepts#

    Risk Scoring
    Each risk is evaluated using:
    Impact → The severity of the outcome if the risk occurs
    Likelihood → The probability of the risk occurring
    These values are scored on a scale of 1–5, helping quantify and prioritize risks.
    Inherent vs Residual Risk
    Risk Treatment Options

    Troubleshooting#

    Risk Assessment Does Not Generate Risks
    If risks are not created after completing an assessment:
    Ensure all required questions were answered
    Confirm the assessment was successfully submitted
    Verify a valid checklist was selected
    Cannot Create or Edit Risks
    Risk Details Not Updating
    Archived Risks Not Visible
    Modified at 2026-03-17 21:15:49
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