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What is a Risk Assessment?

What is a Risk Assessment?

Chiara Morrison – Manager, Marketing Intrinium LinkedIn

What is a Risk Assessment?

Risk Assessment is the combined effort of executing the following:

1.     Identifying and analyzing potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e., risk analysis);

2.     Making judgments “on the tolerability of the risk on the basis of risk analysis” while considering influencing factors (i.e., risk evaluation.)

The Risk Assessment will provide a comprehensive analysis of vulnerabilities, probabilities, and consequences as it directly relates to your digital environment as it relates to the NIST Cybersecurity Framework.

In the simplest terms, a Risk Assessment also helps an organization to understand their current risk environment.  It also can help them to understand their options and potential strategies for managing these risks to a level that works for them.

What is the value of a Risk Assessment?

A Risk Assessment is a reporting resource that will provide your organization with a conclusive document that reviews potential internal and external threats as it relates to your organization’s information technology infrastructure

What will be provided when the Risk Assessment is complete?

Once Intrinium has performed a Test of Key Controls, assessing the administrative, technical and physical safeguards in place to protect the organization’s sensitive internal and client information, we will generate a report.

This report and scope of the testing include both the internal and external networks. The report will assign risk ratings for each item tested, share recommendations for mitigating potential information security threats to assist with the reduction of associated risk.

What Risk Assessments does Intrinium do?

  • HIPAA Risk Assessment
  • NIST CSF Assessment
  • SANS Top 20 Risk Assessment
  • PCI DSS Cyber Risk Assessment

Who at Intrinium performs the Risk Assessment?

At Intrinium, our Security Consulting team executes the Risk Assessment. However, it is important to note that the Security Consulting team is just one department in the Intrinium infrastructure.

Beyond the Security Consulting team, we provide Managed Security Services as well as Service Desk Support, which means our team of certified and knowledgeable professionals are consistently engaging, monitoring and protecting hundreds of infrastructures, networks, and verticals daily. So, we are best suited to anticipate and advise risks in a meaningful and applicable way.

We utilize proactive communication to educate and assist in informing your risk in a meaningful and impactful way as it relates to your business continuity, productivity, and profitability against your industry

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