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23 terms starting with "K"

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Key Risk Indicators

Metrics that signal changes in an organization's risk exposure, giving early warning when risk is rising so leadership can act before a risk materializes. They complement key performance indicators in risk management.

Key risk indicators (KRIs) are measurable signals chosen to track the level of specific risks, for example, the number of unpatched critical vulnerabilities, failed access reviews, or phishing-click rates, so that a rising trend warns of growing exposure before an incident occurs. Good KRIs are predictive and tied to real risks, feeding risk reporting and decisions. They are a core tool for monitoring risk over time and communicating it to executives and the board.

Introduced in: Risk Management Fundamentals

Examples

  • Tracking unpatched critical vulnerabilities as a KRI for rising risk.
  • Watching phishing-click rates as an early-warning risk indicator.
  • Reporting KRI trends to leadership to prompt timely action.

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