risk assessment frameworks

Risk assessment frameworks are structured methods used to identify, analyze, and prioritize potential threats to an organization or project. They help organizations evaluate the likelihood and impact of various risks, such as security breaches, financial loss, or operational failures. By systematically assessing these risks, organizations can develop strategies to prevent or mitigate harm, allocate resources effectively, and make informed decisions. Essentially, these frameworks provide a clear process for understanding potential dangers and planning appropriate responses to protect assets and achieve goals securely.