Skip to content
Know-how

The EasyRisk.io blog

Practical guides on operational risk management — clear, jargon-free, and genuinely useful.

  1. TodayObjectiveUpside riskDownside risk
    A risk is the effect of uncertainty on your objective — it can swing either way.
    · 6 min read

    What Is Risk Management, and Why It Matters

    A jargon-free introduction to risk management: what risk really means, why every organization already does it, and how to do it deliberately.

    risk managementbasicsgetting started
    Read article
  2. 1
    Principles
    Why
    2
    Framework
    How you embed it
    3
    Process
    What you do
    · 6 min read

    ISO 31000 Explained: The Risk Management Standard

    What ISO 31000 actually says, how its principles, framework, and process fit together, and how to apply the standard in practice — no certification required.

    ISO 31000standardsrisk process
    Read article
  3. Impact 54321
    5
    10
    15
    20
    25
    4
    8
    12
    16
    20
    3
    6
    9
    12
    15
    2
    4
    6
    8
    10
    1
    2
    3
    4
    5
    12345
    Likelihood →
    Accept Treat Escalate
    · 6 min read

    The 5×5 Risk Matrix: How It Works

    How the 5×5 risk matrix works, how to define scales that mean something, and how to avoid the classic traps that turn a great tool into wallpaper.

    risk matrixrisk analysismethodology
    Read article
  4. Workshops
    Interviews
    Checklists
    Pre-mortems
    Process walks
    Historic data
    Six lenses. Each catches what the others miss.
    · 6 min read

    Risk Identification: Techniques for Finding Risks

    Techniques for identifying risks — workshops, interviews, checklists, pre-mortems and process walks — and how to combine them without drowning in lists.

    risk identificationrisk assessmenttechniques
    Read article
  5. Likelihood
    3
    Possible / year
    ×
    Impact
    4
    Major disruption
    =
    Severity
    12
    Amber — treat
    Two honest estimates produce one comparable score.
    · 6 min read

    Likelihood × Impact: How to Rate Risks

    Risk analysis turns a list of worries into a ranked agenda: how to estimate likelihood and impact honestly, handle bias, and know when qualitative is enough.

    risk analysislikelihoodimpact
    Read article
  6. AcceptToleranceEscalate
    Appetite is the direction. Tolerance is the line the needle can't cross.
    · 6 min read

    Risk Appetite vs. Risk Tolerance: What's the Difference

    How much risk is too much? Defining risk appetite and tolerance turns gut feelings into policy — and makes every other risk decision easier.

    risk appetiterisk tolerancegovernance
    Read article
  7. Avoid
    Stop doing the activity
    Reduce
    Lower likelihood or impact
    Transfer
    Insure, contract, outsource
    Accept
    Carry the risk — documented
    · 6 min read

    Risk Treatment: Avoid, Reduce, Transfer, or Accept

    Every risk response falls into one of four strategies. How to choose between them, combine them, and avoid the trap of treating everything — or nothing.

    risk treatmentmitigationrisk process
    Read article
  8. risk-register.live3 of 42 rows
    DescriptionOwnerLISevTreatmentNext review
    Ransomware halts portalCISO3515ReduceQ2
    Key dev departsCTO248ReduceQ1
    Supplier insolvencyCOO248TransferQ3
    · 6 min read

    How to Build a Risk Register

    What belongs in a risk register, what doesn't, and the habits that keep it alive — because a register nobody updates is just a museum of old worries.

    risk registerdocumentationbest practices
    Read article
  9. KRI · % of revenue in top-1 customerThreshold: 60%
    Q1Q9
    A leading indicator warns you before the risk does.
    · 6 min read

    How to Monitor and Review Risks

    Risk assessments expire. Key risk indicators, review cadences, and incident feedback loops keep your risk picture current — here's how to build them.

    monitoringkey risk indicatorsKRI
    Read article
  10. Healthy culture
    Bad news → leadership
    Hours

    Reported small, cheap, fixable. Messengers thanked.

    Unhealthy culture
    Bad news → leadership
    Months

    Softened at each layer. Discovered in the newspaper.

    · 6 min read

    Building a Risk Culture

    Registers and matrices are tools; culture decides whether they're used. How to build an organization where bad news travels fast and raising a risk is rewarded.

    risk cultureleadershiporganization
    Read article
  11. RiskRegister.xlsx
    RiskRegister_v2_final.xlsx
    RiskRegister_v2_final_NEW.xlsx
    Copy of RiskRegister_v2_final_NEW(1).xlsx
    RiskRegister_2025_CURRENT.xlsx40% history lost
    Five files. Nobody knows which one is the register.
    · 5 min read

    Why Spreadsheets Fail for Risk Management

    Nearly every risk register starts in a spreadsheet — and most die there. The predictable failure points, and how to know when you've outgrown the grid.

    risk registertoolssoftware
    Read article
  12. Phishing
    Credential
    Bypass
    Outage
    SLA loss
    Cause → event → consequence. Same discipline, digital domain.
    · 6 min read

    Managing Cyber Risk as Business Risk

    Cyber risk doesn't need its own discipline — it needs a seat in the risk process you already run. How to assess, treat and monitor it like any other risk.

    cyber riskIT securitycloud
    Read article
  13. IT
    Finance
    Legal
    HR
    Ops
    Oneenterprise view
    Same events, same scale, aggregated once.
    · 6 min read

    What Is Integrated Risk Management?

    When every department manages risk its own way, the organization sees everything except the whole. How integrated risk management connects the fragments.

    integrated risk managementERMgovernance
    Read article
  14. 1
    One room
    3 hrs
    2
    Top 10
    Rate & rank
    3
    Actions
    Owner + date
    4
    Review
    1 hr / quarter
    One afternoon to start. One hour a quarter to keep alive.
    · 6 min read

    Risk Management for Small Companies

    You don't need a risk department to manage risk. A pragmatic five-step setup for SMEs and small teams — one afternoon to start, one hour a quarter to maintain.

    SMEsmall businessgetting started
    Read article
  15. Board risk report · Q2
    Top concerns
    Movers
    • Supplier X▲ 8→12
    • Ransomware▼ 15→10
    • Cloud regionnew
    Treatment progress
    68% of Q2 actions on track
    Asks of the board
    • Approve supplier-B qualification
    • Confirm appetite change on cloud
    One page. Four answers. Everything else is appendix.
    · 7 min read

    How to Report Risk to Leadership

    The best risk analysis is worthless if the board tunes out. How to build a one-page risk report that executives actually read, and how to deliver bad news.

    risk reportinggovernanceboard
    Read article
  16. Inherent
    20
    Before controls
    Controls
    Residual
    6
    With controls
    The gap between the two is what your controls are worth.
    · 7 min read

    Inherent vs. Residual Risk: What's the Difference

    Every risk has two sizes: before your controls and after them. What inherent and residual risk mean, and why the gap between them is your most useful number.

    risk analysisinherent riskresidual risk
    Read article
  17. Capability Spreadsheet Purpose-built
    Single source of truth
    Change history on every field
    Automatic review reminders
    Reports in seconds
    The same register, minus the friction that kills the update habit.
    · 8 min read

    How to Choose Risk Management Software

    You have outgrown the spreadsheet. A buyer's guide to risk management software: which criteria matter, which features are theatre, what to ask before signing.

    risk management softwareGRCtools
    Read article
  18. GDPRPersonal data
    NIS2Cyber resilience
    DORAOperational resilience
    One registertagged by regime
    Three regimes, one risk process — not three binders.
    · 7 min read

    EU Risk Regulation: GDPR, NIS2, and DORA

    Three EU laws, one demand: manage your risks and prove it. How GDPR, NIS2 and DORA map onto the process you run, and why compliance belongs in the register.

    regulatory riskGDPRNIS2
    Read article
  19. risk-register-template12 columns
    IDRisk descriptionCategoryOwnerInherent L/IExisting controlsResidual L/IScoreTreatmentDeadlineStatusReview date
    Twelve columns is the ceiling, not the target. Copy them and start.
    · 8 min read

    A Risk Register Template That Works

    A copy-ready risk register template: every column defined, a worked example you can adapt, and the formatting rules that keep it usable months after you start.

    risk registertemplatedocumentation
    Read article
  20. Small-business risk assessment7 columns
    RiskLIScoreOwnerResponseDue
    One client = 35% of revenue3515CEOReduce30 Sep
    Seven columns, one row per risk. Keep your top ten.
    · 7 min read

    A Risk Assessment Template for Small Business

    A ready-to-use risk assessment template for small companies, plus a starter list of the risks they actually face. Fill it in over a single afternoon.

    risk assessmentsmall businesstemplate
    Read article
  21. Two statements, one entry3 of 17 checks
    • Status: "In progress"Treatment: noneno strategy, no action
    • Strategy: AcceptOpen actions: 3accepted, yet being treated
    • Inherent: 20 (Extreme)Residual: 4 (Low)large drop, unexplained
    Neither side is a wrong number. Together they cannot both be true.
    · 8 min read

    Risk Register Health Check: 17 Consistency Checks

    Registers rarely fail because a rating is wrong. They fail because entries contradict each other or say nothing at all. Seventeen checks that find both.

    risk registerdata qualityaudit
    Read article
  22. Four passes30 minutes
    1. 1Accountability5 minevery risk has a named owner
    2. 2The cycle10 minoverdue reviews, never-reviewed risks
    3. 3Contradictions10 minstatus, strategy, actions, ratings
    4. 4The unexplained drop5 minone sentence per large reduction
    Fix facts on the spot. Note judgments for the next review.
    · 7 min read

    Risk Register Audit Checklist: A 30-Minute Self-Check

    Four passes over your risk register, half an hour, before the auditor arrives. What to fix on the spot, what to note, and what to leave alone on purpose.

    risk registerauditISO 31000
    Read article
  23. Blocking

    Required fields on save.

    Likelihood 3, Impact 3

    chosen by nobody, indistinguishable from a decision

    Advisory

    Saved as typed, listed until settled.

    Not rated yet

    visible as an open point, on one list

    · 6 min read

    Risk Register Data Quality: Advisory, Not Blocking

    Required fields feel like quality control. In a risk register they produce placeholders. The case for saving what was typed and listing what does not add up.

    risk registersoftwaredata quality
    Read article