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Common goals for conducting Risk Assessment

31-Mar-2021 17:00 PM

Some common goals for conducting risk assessment:

  • Developing a risk profile that concedes a quantitative analysis of the types of threats the organization faces.
  • Bring out an accurate inventory of IT assets and data assets.
  • Justifying the cost of safety countermeasures to mitigate risks and vulnerabilities.
  • Bring out an accurate inventory of IT assets and data assets.
  • Identifying, prioritizing, and documenting risks, threats, and known vulnerabilities to the institution's production infrastructure and assets.
  • Determining budgeting to remediate or defect the identified risks, threats, and vulnerabilities.
  • Understanding the come back on investment if funds are invested in infrastructure or other business assets to offset potential risk.