What type of controls should be included in a risk assessment?

Including both implemented and planned controls in a risk assessment is essential for providing a comprehensive view of an organization's risk management strategy. Implemented controls reflect what is currently in place to mitigate risks, offering insight into existing defenses. On the other hand, planned controls are vital as they indicate the organization's future intentions for risk mitigation. This holistic approach allows stakeholders to understand current vulnerabilities and how they may be addressed over time, leading to more informed decision-making regarding resource allocation and risk management priorities.

Incorporating only currently implemented controls would limit the assessment to only existing measures, potentially overlooking areas that require further attention or enhancement. Focusing solely on controls with an allocated budget may not represent the organization's full risk landscape, as there might be critical risks that merit attention regardless of current budgeting considerations. Limiting assessment to only technical controls neglects non-technical aspects, such as administrative and physical controls, which are equally crucial for a robust security posture. By encompassing both implemented and planned controls, the risk assessment remains comprehensive and proactive.