The regularity with which risk assessments are conducted within an organization
Ad-Hoc Risk Assessments
Conducted as and when needed, often in response to a specific event or situation that has the potential to introduce new risks or change the nature of existing risks
Recurring Risk Assessments
Conducted at regular intervals, such as annually, quarterly or monthly
e.g. Penetration Testing
One-Time Risk Assessments
Conducted for a specific purpose and are not repeated
e.g. New IT system, Organizational change
Continuous Risk Assessments
Ongoing monitoring and evaluation of risks