What is a Risk Assessment?
A Risk Assessment is the process of identifying, analyzing, and evaluating risks to an organization’s systems, data, and operations. It considers factors such as Vulnerabilities, Threats, and potential business impact.
Risk assessments are a core component of Governance, Risk, and Compliance (GRC) programs and align with frameworks such as NIST Cybersecurity Framework and ISO/IEC 27001.
What is a Risk Assessment used for?
Risk assessment is used to prioritize security efforts, allocate resources, and guide decision-making. It helps organizations focus on protecting Critical Business Assets (CBA) and Critical Business Processes (CBP).
Security leaders use risk assessments to inform strategies such as Defense in Depth, Zero Trust, and Continuous Threat Exposure Management (CTEM), ensuring alignment with business objectives.
