What role do detective controls play in risk management?

Detective controls are essential components of risk management as they are designed to identify and reveal incidents or risks that have already occurred. These controls are put in place to monitor activities, detect anomalies, and ascertain whether any policies or procedures are being violated.

For instance, if a security breach happens within an organization, detective controls such as intrusion detection systems or audit logs will help uncover that a breach occurred, rather than preventing it from happening. This identification is critical because it allows the organization to respond effectively to the incident and take steps to mitigate any damage.

Additionally, detective controls often complement preventive measures, providing a safety net that identifies issues that may slip through proactive safeguards. Understanding these controls is vital, as they provide insights and data that can lead to improvements in processes and policies, ensuring that similar risks are better managed in the future.