1. ISACA
CISM Review Manual
16th Edition. In Domain 2: Information Risk Management
the manual emphasizes that a key output of the risk identification and analysis process is the risk register. It consistently highlights that for each identified risk
an owner must be assigned to be accountable for managing the risk through its lifecycle. The concept of accountability through ownership is presented as fundamental to effective risk management. (Domain 2
Task Statement K2.5: "Knowledge of methods to monitor risk (e.g.
key risk indicators [KRIs]
key performance indicators [KPIs]
audit results
vulnerability assessments)"). Effective monitoring is impossible without an assigned owner.
2. National Institute of Standards and Technology (NIST)
Special Publication (SP) 800-37
Rev. 2
"Risk Management Framework for Information Systems and Organizations: A System Life Cycle Approach for Security and Privacy." In Appendix F
"Risk Register
" the template for a risk register explicitly includes "Risk Owner" as a fundamental data element. This underscores its importance in a structured risk management framework for tracking and accountability.
3. ISO/IEC 27005:2022
"Information security
cybersecurity and privacy protection — Guidance on managing information security risk." Clause 8.2
"Information security risk identification process
" states that the output of risk identification should include the identification of risk owners. This establishes ownership early in the process as a foundational step before subsequent assessment and treatment.