Risk management, measured and managed
A single risk register for cyber, operational, compliance, and third-party risk, with continuous assessments, KRIs, and board-grade reporting.
- Live heatmap of inherent and residual risk
- Top risks by business unit and category
- KRI status with breach alerts
The risk management challenge
Risk lives in spreadsheets, disconnected tools, and people's heads. Boards demand quantified, current views; regulators demand evidence; teams need clarity on what to fix first.
- Manual compliance: risk reviews driven by emails and workshops
- Spreadsheet dependency: risk registers maintained in Excel
- Audit fatigue: risk evidence rebuilt for every audit
- Evidence gaps: treatment plans without proof of execution
- Fragmented risk visibility: cyber, ops, and compliance risks in silos
- Poor board reporting: risk language disconnected from business impact
- Vendor risk blind spots: third-party risk not rolled into enterprise view
Risk as a living discipline
Waaqi connects risks to assets, controls, evidence, and frameworks so risk decisions are informed, current, and defensible.
One risk taxonomy
Unified risk taxonomy across cyber, ops, compliance, and third party.
Quant or qual
Run qualitative heatmaps or quantitative scoring; switch as maturity grows.
Board-grade reporting
Translate risk into business language for boards, audit committees, and regulators.
What you get inside Waaqi
Every module works from one control library, one evidence store, and one risk register.
Enterprise Risk Register
Unified register with custom taxonomies and business-unit views.
Risk Assessments
ISO 27005, NIST 800-30, and custom methodologies with workflows.
Treatment & CAPA
Treatment plans with owners, SLAs, and full audit trails.
KRIs & Appetite
Define appetite and KRIs with thresholds, trends, and alerts.
Issue & Incident Linkage
Connect risks to findings, incidents, and exceptions in real time.
Risk Reporting
Auto-generated risk reports for management and the board.
Risk Workshops
Structured risk workshops with collaborative scoring and review.
Framework Linkage
Connect risks to controls and frameworks for defensible decisions.
From control definition to audit-ready evidence
Each step is owned, dated, and traceable, so nothing depends on a spreadsheet or a single person.
- Step 1
Identify
Capture risks from workshops, assessments, incidents, and audits.
- Step 2
Assess
Score inherent and residual risk using qualitative or quantitative methods.
- Step 3
Treat
Plan and execute treatments with owners, SLAs, and budget tracking.
- Step 4
Monitor
Track KRIs, control effectiveness, and reassess on schedule.
Defensible risk decisions
Show auditors and regulators a complete picture: scored risks, treatment rationale, controls in place, and evidence of monitoring.
- Risk register exports with full history
- Methodology documentation and approvals
- Treatment plans and exception approvals
- KRI history with breach and response logs
- Risk-to-control and risk-to-framework mappings
Board level answers without a fire drill
Boards, CISOs, and risk committees get the same numbers the compliance team works from.
Better decisions
Live, quantified risk lets leaders prioritize investment and tradeoffs with confidence.
Audit committee trust
Consistent risk reporting builds credibility with the board and audit committee.
Insurance leverage
Demonstrable risk management can reduce cyber insurance premiums and broaden coverage.
Questions we get asked
What does enterprise risk management cover?
Enterprise risk management covers identification, assessment, treatment, monitoring, and reporting of risks across cybersecurity, operations, compliance, third parties, and strategy.
What risk methodologies does Waaqi support?
Waaqi supports ISO 27005, NIST 800-30, FAIR-style quantitative scoring, and customizable qualitative methodologies.
Can risks link directly to controls and frameworks?
Yes. Risks link to controls, evidence, frameworks, business units, and assets with full traceability for treatment plans.
Does Waaqi handle KRIs and risk appetite?
Yes. Define risk appetite, set KRIs with thresholds, and trigger alerts and workflows when limits are breached.
Make risk management continuous
See how Waaqi connects risk to controls, frameworks, and business outcomes.