CPS 230 para 18 Integration with the Risk Management Framework and Recovery Planning
Operational risk management must be integrated into the entity overall risk management framework and processes, and business continuity planning must be consistent with and must not conflict with or undermine the entity
3
artefacts
0
held by a system
2
at each review
hard
to go live
Document repository
where the evidence lives
teal = a system already holds it · olive = produced at each review
system holds itEvidence a system already holds
none for this control
periodic reviewEvidence produced at each review
- Evidence of integration into the enterprise framework and processes · Document repository
- Records reconciling conflicting assumptions · Document repository
governing documentDocuments that govern the control
- Consistency review between the BCP and recovery and exit plans · Policy repository / GRC workspace
First move
This control is evidenced by people and documents, not systems. Put the document under version control with an owner and review date, and log each review as a record with reviewer and date. Do not try to automate it.
Common gaps auditors find
- Operational risk run as a standalone silo
- BCP and recovery plan assumptions never reconciled
Do this for your whole sheet
Paste the rows you run your controls from and get this mapping for every control at once, with the periodic-review ones flagged and a first move per row. No account for the first run.
Build my evidence sheetCPS 230 para 17 Review of Operational Risk Management · CPS 230 para 20 Board Accountability for Operational Risk Management