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A risk assessment is often a mandatory baseline that compliance regulations require. By performing this required step, companies can not only work towards compliance with these regulations but also have a good baseline of their current security posture and recommendations for improvement. Every risk assessment report must have a view of the current state of the organization’s security, findings and recommendations for improving its overall security.
Analyzing threats to the organization.
Identifying internal and external vulnerabilities.
Examining the risk of these vulnerabilities being exploited.
Assessing the likelihood of exploitation occurring.