• Analyze the risks that your organization faces. • Estimate your organization’s level of risk. 5.4.3 ANALYZE YOUR ORGANIZATION'S RISKS
• Specify how much confidence you have in your analysis. • Use your risk analysis to understand your organization’s risks. • Communicate the results of your risk analysis.
RISK ANALYSIS
• Risk analysis is a process that is used to understand the nature, sources, and causes of the risks that the organization have identified and to estimate the level of risk. • It is also used to study impacts and consequences and to examine the controls that currently exist. • How detailed the risk analysis ought to be will depend upon the risk, the purpose of the analysis, the information the organisation have, and the resources available.
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