Best Practices
Creating a Unified Continuous Monitoring Taxonomy: Gaining Ground by Saying What’s What
This “Gaining Ground” briefing paper is phase one of the two-phase cooperative project led by the Shared Assessments’ Continuous Monitoring working group. This group has galvanized practitioners from 57 member organizations, as well as non-member CM solution providers in the Taxonomy Subgroup, to establish a common set of terms and standards for identifying, alerting and reporting potential risks. The unified taxonomy is critical for setting expectations in this field, and lays the groundwork for developing organizational risk frameworks that use continuous monitoring practices in a more flexible and effective manner.