Risk assessment

Why Risk assessment is important in reaching organization's goals? And what are their roles in the present digital era?

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For any organization, risk assessment is very important to reach its missions. As we are in the digital era system plays a vital role in saving and sharing the information. We have several ways to save and share the information which is leading to many risks in the security of sensitive data. There are threats of different types with different motivations. So, risk assessment playing a major role. In the process first we have to check for the probable risks, analyse them and then go for a solution that reduces the risk to acceptable level and also which is economical. Examples of threats are like terminated employees, criminals etc.

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