The Risk Assessment is essential to utilizing your resources in the most cost effective manner. It is the key input to your security budgeting process and provides answers to the following questions:
- What could happen?
- How often could it happen?
- What would be the impact?
- What can be done to reduce “how often” and/or “the impact”?
- What will it cost?
- How reliable are the answers to the above?
- Is it cost effective?
Together with your input, we select the appropriate Risk Assessment tools and methodology from a comprehensive range of instruments. Our choices will consider the scope of the assessment, size of your organization and the extent of your staff’s involvement. The methodologies and tools range from qualitative and highly collaborative such as the Octave method to purely quantitative analysis using pre-formed model templates. |