VULNERABILITY AND RISK ASSESSMENTS

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VULNERABILITY AND RISK ASSESSMENTS

 

According to the US National Institute of Standards and Technology (NIST), a vulnerability is “a weakness in an information system, system security procedures, internal controls, or implementation that could be exploited by a threat source.”

A risk and vulnerability assessment are a fundamental building block in your integrated risk management program. With proper visibility into potential exposures, it will be flexible to know where to focus your security investments and resources. A vulnerability assessment identifies, quantifies, and prioritizes the risks and vulnerabilities in a system. A risk assessment identifies recognized threats and threat actors and the probability that these factors will result in an exposure or loss. With a combined assessment, you’ll gain a thorough understanding of the vulnerabilities & threats that exist in your environment and the likelihood that they will be exploited and impact your organization.

Here is the methodology followed by our team for a risk and vulnerability assessment
1. Identify the hazards
2. Determine what or who could be harmed
3. Evaluate the risks and develop control measures
4. Record the findings
5. Review and update the risk assessment regularly