SECURITY RISK ASSESSMENT & ANALYSIS

Identify your physical security risks and risk profile

Risk management is the identification, assessment and prioritisation of risks followed by coordinated and economical application of treatment in order to minimise, monitor, and control the impact of unforeseen events. 

Adopting a risk based approach allows an organisation to prioritise risk based on the likelihood and consequence of a particular risk being realised.

A risk management framework is an essential philosophy for identifying and managing security risk. Before any risk can be eliminated or reduced, it must first be identified. One proven way of achieving this is by conducting a security risk assessment of the business operation.

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The fundamental basis of the assessment is to rate your security risk in accordance with the Australia New Zealand Risk Management Standard (AS/NZ ISO 31000:2009) and prioritise solutions based on that rating.

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