Yes you can use Archimate to manage enterprise risk and security. I use ArchiMate already so I use the paper by the open group which provides details on how to do this Ref W172. There was an earlier one W150 mapping it to ArchiMate v2.1
Here is a link to the latest
https://publications.opengroup.org/w172You just have to map (crowbar) the elements on to Archimate
Threat Agent -> Actor
Threat Event -> Business Event
Loss Event -> Business Event
Risk->Assessment
Control Objective -> Goal
Vulnerability-> Assessment
Security Requirement-> Requirement
Security Principle -> Principle
Control Measure -> Requirement
Asset at Risk -> Resource
Implemented Control Measure->Business Service, Application Service, Technology Service
Security Domain-> Group
However that being said the Risk Taxonomy MDG looks like it might be better suited so I'd be tempted to use that rather than shoehorn it into ArchiMate notation.
The most important thing is to understand the metamodel for your security group and the viewpoints they need - find some examples and use them for guidance