Digital Communications Compliance Risk Assessment Worksheet

This document is a guide designed to assist firms in conducting a self-assessment of information risks associated with digital communications platforms. The primary objective is to identify potential areas of risk and to prioritize strategies for mitigation. The guide includes a scoring system for various risk factors, such as previous regulatory examinations, e-discovery investigations, and HR code of conduct infractions. Each risk factor is categorized into low, medium, or high risk, with corresponding scores to help firms evaluate their risk levels. Additionally, the document outlines methods for assessing the pervasiveness of risks, including statistical sampling and user surveys. It also details policies and procedures related to employee training, tool usage, and compliance measures. The guide emphasizes the importance of regular updates to policies and training programs to ensure effective risk management across digital communication channels.