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Date Submitted:
08/25/05
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A Perspective on Threats in the Risk Analysis ProcessAdded by Papergrl
Description:
We have looked at one of the fundamental building blocks in the Risk Analysis process. Asking these key questions, what threats or risks will affect the asset, what is the likelihood of the threats happening, and what impact or effect would the loss of the asset have on the operation of the organization or its personnel, can determine if the risk analysis process will be a success or failure. We have also shown that applying general and economic risk factors can also aid in ranking key assets. We need to keep in mind that these are only the first steps that are taken in the risk analysis process, however by applying this methodology we can help insure that assets that critical to the organization and vulnerable to threats will be identified.
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