 |
 |
|
|
       |
Risk assessment
is the first step in the process of
Operational risk management. Organizations in all
industries use risk assessment to
determine the extent of potential
vulnerabilities to which they may be
subject and the risks that these
vulnerabilities pose to their critical
assets.
Risk is assessed by considering both
the likelihood that a threat source
will exploit a particular
vulnerability and the impact that such
an event would have on an
organization. To determine the
probability and impact of a future
adverse event, potential threats to an
organization must be analyzed by
taking into account the
vulnerabilities that exist in its
environment and the security controls
that it has in place. The impact of an
attack, the magnitude of harm caused
by the exploitation of a
vulnerability, is measured by the
degree to which the organization’s
mission is undermined, which, in turn,
correspondingly affects the value of
the organization’s assets.
The Fortrex Risk Assessment is
specifically designed to identify the
level of risk at which an organization
is operating. This assessment
determines organizational compliance
with applicable regulations and
legislation or industry best
practices, evaluates the consistency
with which practices within an
organization support its goals and
objectives, and assesses whether
organizational activities comply with
management’s governance polices and
are consistent with the organization’s
risk appetite.
Undergoing this assessment enables an
organization to clearly make
intelligent business decisions
regarding whether to accept,
eliminate, or transfer any risks that
are under evaluation.
|
|
 |
|
 |
 |
"Fortrex by far exceeded our expectations - they were very upfront about
costs, highly responsive to our time crunch, and held our hand through a
process that on the outside seems quite intimidating, Very real, good
people, strongly recommended."
CEO, National provider of high-end content management and ecommerce
software solutions for Internet Retailers
|
 |
|
|
|
|
 |
|
|
|
Corporate HQ
5303 Spectrum Drive,
Suite A,
Frederick, Maryland 21703-7373
301-977-6966 /
301-947-3539 (fax)
|
