Risk Assessment Methodology
                     RISK
ASSESSMENT METHODOLOGY
STEP-BY-STEP APPROACH
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Identify Assets
Catalog all valuable assets - data,
systems, and equipment. Know what's
at risk.
Identify Threats
Pinpoint potential threats - natural
disasters, cyberattacks, human error.
Understand your vulnerabilities.
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Assess Vulnerabilities
Analyze weak points in your systems.
Identify areas susceptible to exploitation.
Estimate Impact
Evaluate potential damage if threats
exploit vulnerabilities. Measure the
consequences.
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Calculate Risk
Combine the likelihood of threat
occurrence with potential impact.
Determine risk level.
Prioritize Risks
Rank risks based on severity. Focus on
high-risk areas that need immediate
attention.
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Implement Controls
Develop and apply countermeasures to
mitigate risks. Strengthen your defenses.
Monitor & Review
Constantly monitor changes in threats
and vulnerabilities. Adapt your strategies
accordingly.
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