Key risk indicators (KRIs) are metrics that can provide an early signal of increasing risk exposures for an organization. KRIs are designed to measure and predict potential losses, and they help in identifying trends that could lead to future risks. They aredifferent from Key Performance Indicators (KPIs), which measure the performance related to the achievement of strategic goals. KRIs, on the other hand, are specifically focused on risk and are used to monitor changes in the level of risk exposure.

References: The information is supported by ISACA’s resources, which state that KRIs with thresholds and corresponding trigger actions can enable companies to gain visibility into risks before they occur. These metrics best position enterprises to deal with substantial cyber risks associated with digital transformation and implementing emerging technologies1.