Security Glossary
Risk Assessment
A systematic evaluation of what could go wrong in your IT environment. This process involves identifying assets and vulnerabilities, determining possible threats, and estimating the likelihood and impact of those threats. The result is a clearer picture of your biggest security dangers.
In an SMB context, a risk assessment might reveal, for example, that outdated software on your office computers is a major risk (because it could be exploited by malware). Knowing this, you can prioritize updating that software.
Risk assessments help you focus limited resources on the issues that could hurt you most.
Category:
Security Posture & Risk Management