Steps in Risk Assessment Performance

Risk Assessment Stages 
  1. First, we must determine if there is a need for the risk assessment to be performed.
  2. Then, we will need to describe the flow of information (data life cycle) such as collection, processing, storage, usage and deletion.
  3. Next, we will identify privacy and related risks –including threats and vulnerabilities.
  4. Moreover, recording and summarizing risk assessment findings in a digestible, concise and readable format for the end user is necessary step.
  5. Finally, implementing the assessment findings and solutions into the project plan is the last step.

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