The document outlines a step-by-step risk assessment methodology, emphasizing the identification of valuable assets and potential threats. It details the analysis of vulnerabilities and the assessment of potential damage, followed by prioritizing risks based on their severity. Finally, it recommends developing countermeasures and continuously monitoring threats to adapt strategies effectively.

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RISK
ASSESSMENT METHODOLOGY
STEP-BY-STEP APPROACH

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Catalog all valuable assets - data,
systems, and equipment. Know what's
at risk.
Identify Assets
Pinpoint potential threats - natural
disasters, cyberattacks, human error.
Understand your vulnerabilities.
Identify Threats

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Analyze weak points in your systems.
Identify areas susceptible to exploitation.
Assess Vulnerabilities
Evaluate potential damage if threats
exploit vulnerabilities. Measure the
consequences.
Estimate Impact

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Combine the likelihood of threat
occurrence with potential impact.
Determine risk level.
Calculate Risk
Rank risks based on severity. Focus on
high-risk areas that need immediate
attention.
Prioritize Risks

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Develop and apply countermeasures to
mitigate risks. Strengthen your defenses.
Implement Controls
Constantly monitor changes in threats
and vulnerabilities. Adapt your strategies
accordingly.
Monitor & Review

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