What is the primary purpose of performing a risk assessment?

The primary purpose of performing a risk assessment is to identify vulnerabilities and threats. Risk assessments are critical in security and safety planning, allowing organizations to recognize potential risks that could affect operations, personnel, and assets. By identifying these vulnerabilities, appropriate measures can be taken to mitigate or manage the risks effectively, ensuring a secure environment.

When vulnerabilities and threats are understood, it enables leaders to make informed decisions about policies, procedures, and resources needed to maintain a robust security posture. It is the foundational step that informs further actions, such as training or resource allocation, as these subsequent steps depend on a clear understanding of the identified risks.

Understanding the specific threats and vulnerabilities allows for a comprehensive view of the security landscape, which is essential for developing effective strategies and implementing controls to protect against potential incidents.