Book a demo

Risk matrix assessments with clear ownership

Identify, score, and treat information security risks using a structured matrix. Give leadership a prioritised view of what matters most.

From ad hoc risk registers to structured assessment

Effective risk management requires consistent scoring, documented treatments, and traceable ownership - not a static spreadsheet updated once a year.

Constant supports structured risk assessments with likelihood and impact ratings, treatment plans, and reporting that connects risks to your broader compliance program.

Prioritise what moves the needle

A matrix only helps if scores are comparable and treatments have owners. Constant keeps inherent and residual views tied to actions leadership can track.

Built for risk owners

  • Risk committees needing a consistent cyber risk view
  • CISOs aligning risk treatment with control frameworks
  • Organisations integrating risk assessment with ISO 27001 or CPS 234 programs
  • MSPs delivering risk assessments across client environments

Risk assessment lifecycle

How Constant supports each step of a repeatable risk assessment workflow.

Context and scoring bandsDefine scope, criteria, and what high vs low means for your organisation.

Set assessment scope and scoring scales so likelihood and impact ratings stay consistent. Clear bands make matrix placement defensible in committee discussions.

Identify and analyseCapture scenarios and rate likelihood and impact.

Record risk scenarios with owners and scores. Constant structures the register so analysis is comparable across teams and review cycles.

Treat and re-scoreDocument treatments and show residual risk reduction.

Accept, mitigate, transfer, or avoid - with actions, due dates, and residual scores after treatment. Leadership sees whether exposure actually moved.

Monitor and reviewReassess on a cadence and track changes over time.

Schedule reassessment and keep an audit trail of score and treatment changes so risk reporting is continuous rather than annual theatre.

What you get with Constant

Structured scoring

Apply consistent likelihood and impact criteria so risks are comparable across the organisation.

Treatment tracking

Assign owners, due dates, and remediation status for each risk treatment action.

Matrix visualisation

See inherent and residual risk positions on a matrix for committee and board discussions.

Leadership reporting

Export prioritised risk summaries that connect technical findings to business impact.

Related frameworks and guidance

See how Risk Matrix connects to related compliance and risk workflows in Constant.

CPS 234

Use risk ownership and treatment reporting alongside APRA information-security capability.

ISO 27001 readiness

Connect risk assessment and treatment to the broader ISMS workflow.

NIST CSF 2.0

Relate risk decisions to governance and operational cybersecurity outcomes.

Risk Matrix FAQs

Is the risk matrix separate from compliance frameworks?

The 5×5 Risk Matrix is included with every Constant plan. It sits with Essential Eight, ISO 27001, CPS 234, and the other frameworks so control gaps can be connected to business risk.

Can we customise likelihood and impact scales?

Assessments use structured scoring criteria so ratings stay consistent. Your organisation defines the scales and risk appetite that drive matrix placement.

Does Constant automate risk identification?

Constant structures assessment and tracking workflows. Risk identification still requires your team judgement; the platform makes scoring, treatment, and reporting consistent.

Can risk assessments be exported for committees?

Yes. Generate summaries of top risks, treatments, and residual positions for risk committee and board reporting.

How often should a cyber risk matrix be reviewed?

Set a recurring review cadence and reassess when material systems, threats, controls, suppliers, or business impacts change. The appropriate frequency depends on the organisation and risk, so the platform records the chosen cadence rather than prescribing one universal interval.

Start your compliance journey today

Choose the right plan for your organisation. Scale seamlessly as your compliance needs evolve.

Ready to simplify your compliance process?

Book a demo and see constant in action.

Book a Demo Explore More

All Paid Plans Include

  • Unlimited human assessor reviews

  • Evidence collection

  • AI-assisted pre-reviews

  • Compliance dashboards

  • Australian business-hours support

  • On-demand reporting

  • Control owners and tasks

  • Evidence uploads

  • Maturity and gap tracking

  • Role-based access controls

  • Framework guidance

  • 5×5 Risk Matrix

  • Australian data residency