Question

What is the one common characteristic between risk assessments and threat assessments?

Answer 1

There are many competing ideas of what this really means. We have found the following approach provides our clients with a real understanding of the risks they face.

The first step in any risk reduction programme must be to identify those Assets which you are trying to protect. This includes not only the obvious physical ones but also the intangibles such as reputation, trade secrets and intellectual property.

Threats are the events which may occur and cause damage or loss to those assets. These may be natural or man made, if it is the latter what are their intentions and capabilities? The threat assessment will look across the spectrum facing a facility or organisation