Risk Assessment (Cyber Security)

A systematic process identifying and analyzing vulnerabilities and potential threats within an organization's cybersecurity posture. This proactive approach aims to: Detect existing security weaknesses. Evaluate the potential impact of security incidents. Prioritize risks based on likelihood and severity. Recommend effective mitigation strategies to minimize vulnerabilities and enhance overall security posture. Key aspects of a risk assessment: Trigger: Can be spontaneous (e.g., after a security breach) or planned (e.g., periodic compliance requirements). Purpose: Informs security decisions, risk management plans, and resource allocation. Outputs: Actionable recommendations and prioritized mitigation strategies.