What can a continuous risk-tracking process do?

A continuous risk-tracking process plays a crucial role in risk management by closely monitoring the status of risks over time. By focusing on changes in existing risks, this process enables organizations to detect any developments in those risks, such as shifts in likelihood or severity. This ongoing observation is essential for adapting strategies and responses to effectively manage risks as they evolve.

In a dynamic environment where business conditions can change rapidly, continuously tracking risks allows for timely adjustments in mitigation strategies and ensuring that resources are allocated effectively. This proactive approach enhances the organization's ability to respond to potential threats before they escalate, thus maintaining operational stability and safeguarding assets.

The other choices do not capture the full scope of what continuous risk-tracking achieves. While it may identify new risks and help reduce impact, the key function of this process lies in its ability to monitor and observe changes in existing risks continuously.