Risks

Glossary

Use this glossary to familiarise yourself with the terminology used across risk workflows in Sprinto.

Glossary

This glossary defines key terms used throughout Sprinto’s Risk Management module.

Term	Definition
Assessment Review	The final step in the risk assessment cycle where senior management reviews and acknowledges the submitted assessment.
Bulk Upload	The process of importing multiple risks at once using a CSV template. Useful for migrating risks from external tools.
Control Mapping	The act of linking security controls to a risk to mitigate its impact or likelihood. Controls can be manually added or AI-suggested.
Inherent Risk	The level of risk before any controls or mitigation measures are applied. Calculated using inherent likelihood and impact.
Residual Risk	The level of risk remaining after controls are applied. Calculated using residual likelihood and impact.
Risk Library	Sprinto’s curated collection of predefined risks based on industry standards. Users can select risks from this library to populate their register.
Risk Owner	The individual responsible for tracking, mitigating, and managing a specific risk.
Risk Parameters	Quantitative values used to assess risk, such as likelihood and impact—both inherent and residual.
Risk Register	A central repository in Sprinto where all identified, scored, and treated risks are maintained.
Risk Treatment	The chosen action to handle a risk, such as accept, avoid, transfer, or further mitigate.
Risk Treatment Task	A task created to implement a mitigation strategy. Assigned to users with a due date and status.
System Check	A Sprinto feature that monitors the health of the risk program (e.g. pending assessments, incomplete risks) and prompts user action.
Scoring	The process of assigning values to the likelihood and impact of a risk to calculate its risk level.