How to answer 'How often do you perform formal enterprise risk assessments?' on a CAIQ
I. Reviewer Guidance & Pitfalls
State that formal enterprise risk assessments are conducted at least annually or upon significant architectural changes, with findings reviewed by executive leadership.
II. Example Answer Passing Enterprise Audit
Compliant Response
Sealed · GRC-03
Formal enterprise risk assessments are conducted annually by the security team and reviewed with leadership to prioritize remediation and update security controls (SOC 2, CC3.1).
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