Running a vulnerability analysis is the first step in any process aimed at improving your protection and your resilience. By running this risk analysis, you will paint a clearer picture of your specific needs and the management programs that have to be established. Not only will it identify the specific hazards related to your business, but it will also shed light on the frequency and consequences associated with each one. Furthermore, this analysis can guide you in choosing the right prevention and mitigation measures so that your business will be ready to face all potential hazards. The analysis also ensures that you are compliant with current industry standards and laws
Stages of a Risk Analysis
- Visiting your facilities and identifying your specific hazards
- Researching the laws and standards that apply to these hazards
- Identifying likely frequency of risks
- Identifying probable consequences
- Implementing preventive measures
- Implementing a mitigation plan
- Implementing an action plan
- Running tests and monitoring performance
