Risk Assessment (RA) is a systematic process for identifying, analyzing, and prioritizing potential threats and vulnerabilities that could negatively impact organizational operations, assets, individuals, or broader entities. It involves estimating the likelihood and potential severity of adverse outcomes from identified hazards, considering uncertainty, and evaluating the effectiveness of existing or proposed mitigation measures. As a core component of risk management, it supports informed decision-making across domains such as cybersecurity, environmental health, and public safety.
For information about RA, please view guidance on this topic from the following resources:
- the U.S. Environmental Protection Agency;
- the National Cancer Institute;
- the National Library of Medicine;
- the National Institute of Standards and Technology (NIST).