If Asset Management answers “What do we have?” , Risk Assessment answers the more important question: “What could realistically go wrong, and what actually matters?” In NIST CSF 2.0, Risk Assessment (ID.RA) is no longer a compliance checkbox or an annual spreadsheet exercise. It is positioned as a living, decision-support capability that informs governance, investment prioritization, and executive accountability. Most organizations do risk assessments. Very few organizations use them effectively . This post explains: What ID.RA is in NIST CSF 2.0 How to implement it in a way executives trust Metrics that demonstrate risk maturity—not paperwork completion What Is NIST CSF 2.0 Risk Assessment (ID.RA)? ID.RA focuses on identifying and evaluating cybersecurity risk to organizational operations, assets, individuals, and stakeholders . In CSF 2.0, Risk Assessment explicitly includes: Threats (internal, external, supply chain, systemic) Vulnerabilities (technical, process, human) Likelih...