IT Risk Assessment Benefits
1. Documents Due Diligence
An IT Risk Assessment provides verification and validation of an organization’s adherence to best practices and compliance with government regulations.
- It is an essential part of prudent risk management.
- An IT Risk Assessment report is evidence that documents an organization’s due diligence in protecting its networks and information.
- An IT Risk Assessment will provide Insurance companies and business partners the documentation that you have good security practices as well.
- It provides the documented paper trail to prove to regulators that your organization is complying to government regulations
- If a breach were to occur it would proof of due diligence to authorities probing a complaint that you have appropriate levels of data protection.
2. Identifies Security Vulnerabilities
No infrastructure is perfect and non-susceptible to attack and security holes and lapses.
- An IT Risk Assessment will provide a laundry list for fixing problems and improving IT Security.
- An IT Risk Assessment provides a snapshot of your organization’s security.
- An IT Risk Assessment will identify current vulnerabilities and exposures on each and every platform.
- The report will help you prioritize your efforts and gives you a baseline for measuring progress.
3. An IT Risk Assessment Preempts Surprises
There are some things you can’t defend against, no matter how many firewalls you erect.
- An IT Risk Assessment will help you establish a layered security infrastructure that will protect your company against high percentage of the known threats
- An IT Risk Assessment allows you to quietly assess and catalog your security gaps so you can react appropriately in the event of a compromise.
- It creates a paper trail that should be guarded. Any attacker would love to lay his hands on your Risk Assessment report; it provides a road map for compromising your network.
4. Determines Organizational and Industry Security Requirements
Good security has a lot to do with adherence to established security policies and practices.
- An IT Risk Assessment defines what policies are needed and how well they are enforced
- An IT Risk Assessment will compare your infrastructure to Best Practice Environments
- a Risk Assessment will identify the unique policy and process requirements of your company.
- An IT Risk Assessment will help you identify what devices are required.
5. Establishes the Big Picture
An IT Risk Assessment is more than running a vulnerability scanner against a network segment and creating a prepackaged report.
- An IT Risk Assessment provides a holistic examination of the security infrastructure — technology, people and processes.
- It also involves interviewing the people who use the network — everyone from the security manager to human resources, legal to auditing.
- These interviews will reveal your organization’s security awareness level, as well as recent incidents and problems.
- The process will reveal who in your organization understands security and who still needs to be converted.