Cybersecurity

Risk Assessment

Risk assessment is the process of identifying, analyzing, and evaluating risks to organizational assets. It involves identifying threats and vulnerabilities, determining the likelihood and impact of potential incidents, and prioritizing risks based on severity. Risk assessment methodologies include qualitative (high/medium/low ratings) and quantitative (monetary value calculations) approaches. Results inform risk treatment decisions: mitigate, transfer, accept, or avoid. Regular risk assessments are essential for maintaining an effective security posture.