Risk Assessment Practices

Abstract

To an enterprise, one of the most important assessment that should develop is the Risk Assessment. This practice includes identify the threats that can affect the business continuity. In addition, is necessary classify them to perform an analysis where we can identify the riskiest threats to the operation. To effectuate the assessment is fundamental create a methodology to assess the risks and threats. The result of the analysis should be discussed with the management and they need to determine what controls are cost effective to implement or if the organization can accept the risk. Key Terms – Assessment, Business Continuity, ISO 22301, Risk, Threat.