What does "risk assessment" cover in IT environments?
Risk assessment in IT environments covers the identification, evaluation, and prioritization of potential risks that could impact an organization's information security. This process involves analyzing vulnerabilities, threats, and existing controls to determine the likelihood of incidents occurring and their potential impact. Risk assessment aids in developing effective mitigation strategies, ensuring resources are allocated to protect critical assets. It encompasses various factors, such as compliance with regulations, data protection, and business continuity planning. Ultimately, conducting thorough risk assessments enables organizations to make informed decisions about their cybersecurity posture.