What is a Security Risk Assessment?
A security risk assessment identifies, assesses, and implements key security controls in systems. A risk assessment allows an organization to view the cyber asset from an attacker's point of view.
Conducting an assessment is a crucial part of an organization’s risk management process and should never be left out of discussion.
How does a Security Risk Assessment work?
Company size, growth rate, resources, and asset portfolio affect the depth of risk assessment models. Detailed mapping of assets and access points allow organizations to prioritize which assets must receive the highest protection.
Identification
Determine all critical assets of the technology infrastructure.
Assessment
Administer an approach to assess the identified security risks for critical assets.
Mitigation
Define a mitigation approach and enforce security controls for each risk.
Prevention
Implement tools and processes to minimize threats and vulnerabilities from occurring in your firm’s resources.
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