A key risk indicator (KRI) is PRIMARILY used for which of the following purposes?

Primary Use of KRIs:

KRIs are primarily used to predict risk events by providing measurable data that signals potential

issues.

This predictive capability helps organizations to mitigate risks before they escalate.

Risk Prediction:

Effective KRIs allow organizations to foresee potential risks and implement measures to address

them proactively.

This improves the overall risk management process by reducing the likelihood and impact of risk

events.

Reference:

ISA 315 (Revised 2019), Anlage 6 emphasizes the use of indicators and metrics to monitor and

predict risks within an organization’s IT and operational environments​​.