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Volume 30, Issue 3

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Many security and compliance projects begin with a simple idea: assess the organization's risk of vulnerabilities and breaches. Indeed, implementing an IT security risk assessment is absolutely critical to the overall security posture of your organization.

An effective security risk assessment can prevent breaches, reduce the impact of realized breaches and keep your company's name from appearing in the spotlight for all the wrong reasons. Regular IT security risk assessments also enable organizations to build up a cache of historical data that can be used to effectively gauge and communicate monetary impact related to risks --and, hopefully, convince upper management to take decisive action to reduce the organization's threat surface.

http://www.darkreading.com/risk-management/167901115/security/security-management/240146681/how-to-conduct-an-effective-it-security-risk-assessment.html