Glossary
Risk Assessment
Risk assessment is figuring out what could go wrong and how bad it would be - like checking your house for fire hazards and deciding which ones to fix first.
What is Risk Assessment?
A systematic process of identifying, analyzing, and evaluating risks to determine their likelihood and potential impact on the organization.
Why Should You Care?
Risk assessments guide resource allocation and are required by most compliance frameworks. They should be conducted regularly.
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Real-World Example
An annual risk assessment identifies unpatched servers as a high risk, leading to prioritized remediation efforts.
How to Protect Against Risk Assessment
- 1.
Conduct comprehensive risk assessment
- 2.
Implement continuous risk monitoring
Related Terms
Risk Management, Threat Assessment, Vulnerability Assessment
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