CPS 230 para 31 Remediation of Material Operational Risk Weaknesses
The entity must remediate material weaknesses in its operational risk management including control gaps, weaknesses and failures, supported by clear accountabilities and assurance, addressing root causes promptly, and mu
3
artefacts
0
held by a system
1
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 open items remain in the operational risk profile until closed · Document repository
governing documentDocuments that govern the control
- Remediation plans with named accountable owners · Policy repository / GRC workspace
- Root cause analyses · Document repository
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
- Symptoms fixed without root cause analysis
- Items removed from the risk profile before remediation completed
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 30 Monitoring, Review and Testing of Control Effectiveness · CPS 230 para 32 Identification and Escalation of Incidents and Near Misses