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Risk Assessment
Risk Assessment
- Risk comes in many forms. A Business consequence Analysis and a Threat & Risk Assessment should be performed.
- A key component of your plan is to mold a risk assessment that identifies potential threats to the organization.
- A risk assessment identifies the broad queue of risks that could impact the organization.
- Identifying possible threats is the first step and can be far-reaching.
This includes:
- The consequence of personnel loss
- Changes in consumer or client preferences
- Internal vigor and power to respond to security incidents with a plan
- Regulated organizations need to factors in the risk of non-compliance, which can result in hefty financial fines, increased agency survey, and the loss of standing, certification, or credibility.
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