RISK ASSESSMENT
Enterprise Risk Management. Information Technology Risk Assessment. Information Security Risk Assessment. Fraud Risk Assessment.
Our Risk Assessments evaluate the effectiveness and suitability of existing control measures, improve business systems, operational processes, and performance measurement techniques. With our fully integrated approach, the Assessment generates recommendations in pursuit not only of risk mitigation but also your growth and profitability goals.
Enterprise Risk Management (ERM)
ERM provides a framework that identifies particular threats and opportunities, the likelihood and magnitude of impact, determines a response strategy, and monitors processes.
Risk categories may include the following:
Strategic
Financial
Operational
Compliance
Other risks associated with accidental losses
Information Security Risk Assessment
An Information Security Risk Assessment helps identify, quantify, and prioritize risks regarding acceptability and corporate objectives.
This risk assessment process is a continuous activity that should be conducted as often as it is valuable. Continuous assessment provides an organization with an up-to-date snapshot of threats and risks to which it may be exposed.
Information Technology Risk Assessment
Information Technology (IT) Risk Assessment is a process of analyzing potential threats and vulnerabilities of IT systems to establish what loss may incur if certain events unfold. The goal of an information technology risk assessment is to achieve optimal security at a reasonable cost.
Fraud Risk Assessment
The Fraud Risk Assessment identifies an organization’s exposure to fraud and develops a plan to mitigate that risk before it does financial, reputational, or legal damage. The three main fraud types are the following:
Misappropriation of assets
Collusion
Misrepresentation of financial reporting