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ISO 31000

Risk management - Guidelines

Organization: ISO Category: Risk Management
4
Related Articles
15
Articles with Obligations
7
Key Sections
9
Coverage Areas

Overview

Provides principles, framework and process for managing risk. Essential for DSA's risk-based approach to online platform governance, systemic risk identification, and risk mitigation measures. Applies to all types of risks regardless of nature.

Applicability

Enterprise risk management for all organizations and DSA systemic risk assessments

Relevance to Digital Services Act (DSA)

Primary standard for DSA systemic risk assessments (Articles 34-36) and risk management obligations

Key Coverage Areas

1
Risk management principles
2
Risk management framework
3
Risk assessment process
4
Risk identification and analysis
5
Risk evaluation and treatment
6
Risk monitoring and review
7
Risk communication and consultation
8
Systemic risk assessment
9
Risk-based decision making

Standard Sections & Chapters

5

Principles of risk management

6

Framework for managing risk

6.2

Leadership and commitment

6.3

Integration into organizational processes

6.4

Design of risk management framework

6.5

Implementing risk management

6.6

Evaluation and improvement

Related Digital Services Act (DSA) Articles

Article 26: Advertising on online platforms

View Article →
Sections: 6.4, 6.5

Risk assessment framework

Implementation Guidance:

Apply systematic risk assessment to algorithmic systems

Article 27: Recommender system transparency

View Article →
Sections: 6.6

Risk monitoring and review

Implementation Guidance:

Continuously monitor risks from recommender systems

Mapped Obligations:

  • Explain main parameters of recommender systems in terms and conditions using plain, intelligible language

Article 34: Risk assessment

View Article →
Sections: 5, 6, 6.4

Comprehensive risk management framework

Implementation Guidance:

Conduct annual systemic risk assessments following ISO 31000 methodology

Mapped Obligations:

  • Conduct initial risk assessment by the date specified in Article 33(6)
  • Perform risk assessments at least annually thereafter
  • Identify and analyze systemic risks related to illegal content dissemination
  • Consider how recommender systems and algorithms influence risks
  • Evaluate content moderation systems and their effectiveness
  • Preserve risk assessment documentation for at least 3 years
  • Provide risk assessment documents to Commission and Digital Services Coordinator upon request

Article 35: Mitigation of risks

View Article →
Sections: 6.4.4, 6.5

Risk treatment and implementation

Implementation Guidance:

Implement risk mitigation measures based on risk assessment findings

Mapped Obligations:

  • Implement reasonable, proportionate and effective mitigation measures for identified systemic risks
  • Adapt content moderation processes for illegal content, especially hate speech and cyber violence
  • Test and adapt algorithmic systems including recommender systems

Quick Information

Organization
ISO
Category
Risk Management
Certification
Not available

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