How often should an organization conduct risk assessments?

Conducting risk assessments regularly is critical for any organization, particularly in the context of cybersecurity. The choice that suggests assessments should be performed typically annually or following significant changes recognizes that the threat landscape is constantly evolving. New vulnerabilities can emerge, and existing ones can be exploited over time.

Regular assessments ensure that the organization remains aware of potential risks and is able to implement necessary controls or updates to their security posture. Moreover, significant changes such as the introduction of new technologies, processes, or after a data breach can significantly alter the risk profile of an organization, making it essential to reassess risks at those times as well. This proactive approach helps to mitigate potential threats before they can be exploited, ensuring the organization’s cybersecurity measures are both current and effective.