check the connection in the wiring harness, at the steering neck, where the leads from the bar controls snap into the main harness. I had an issue on mine when I first got it, and had to have the wire replaced. Service tech told me that 95% of the time, that's where the issue is.
Check the Service Manual. I think there's a diagnostic in there for the cruise. There are a number of things it could be... I've had the main module fail, e.g., the red-light on the speedo would come on, but never go green/set; I also had the Set/Resume switch fail... (I've got an 04 RK).