The purpose of an IT risk assessment is to formally identify the organizational countermeasures in place to reduce the likelihood and impact of cybersecurity events. A risk assessment is conducted to determine if the implemented countermeasures are adequately reducing your organization’s overall risk to the level that you deem “acceptable.” Organizations simply don’t have the time or resources to review every potential risk, so a Risk Assessment prioritizes your most critical risks to address in order of importance.
A TraceSecurity Risk Assessment is designed to do two things:
Provide a prioritized list of threats to the organization, including action items that can be used to develop and maintain a risk management strategy to reduce overall risk;
Assist in making business decisions and prioritize organizational security objectives by leveraging the severity and potential impact data for each risk
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