Risk homepage - Legacy

The risk homepage provides an executive view into risk management, allowing risk managers to quickly identify areas of concern by pinpointing profiles with known high risk.

The overview displays warnings for profiles in non-compliance that increase risk. It also displays up-to-the minute information in gauges that contain valuable visuals such as the new Heatmap.

A Heatmap is a graphical representation of the number of records which meet a certain condition. The more records that meet a certain condition, the darker the color (the heat) is for that particular condition. In the case of Risk, the Heatmaps plot the values of likelihood vs. the values of significance. All Risks that meet a certain condition, for example Likelihood is 3 and Significance is 2, will aggregate into a score on the Heatmap. In the example Heatmap in the following image, the number of records that meet this condition is 8. Thus, using these Heatmaps, it is easy to identify the impact all Risks pose to your organization. In the example below, heat in the bottom-right of the map means greater risk to the organization, showing risks that are both highly likely and highly significant, while heat in the upper-left of the map shows risk that is less likely and less significant.

Figure 1. Example Heatmap
The following gauges are provided out-of-box.
Table 1. Out-of-box gauges
Name Visual Description
Highest Risk Profiles List Display of any Profiles with a calculated score of moderate, high, and very high.
Risk Warnings List Display of any Profiles with a calculated score that is different (that is, greater) than the residual score, which allows users to quickly identify areas of non-compliance.
Risks by Response Semi-donut Chart of the number of risks that an organization has chosen to mitigate, avoid, accept, or transfer. User is able to drill-in to a list of all risks that meet a particular response.
Risks by Category Semi-donut Chart of the number of risks that apply to a particular category whether it be IT, Operational, Legal, Reputational, or Financial.
Inherent Likelihood vs. Significance Heatmap Plots the count of the number of risks by inherent likelihood vs. the inherent significance.
Residual Likelihood vs. Significance Heatmap Plots the count of the number of risks by residual likelihood vs. the residual significance. Ideally, all Risks would be in upper left corner of the plot (Likelihood = 1, Significance = 1).