| A Risk Assessment is
identifying, analyzing, and weighing all the potential risks, threats
and hazards to the business's internal and external environment. It
discovers if a facility (building) is vulnerable to weather related
events, HVAC failure, Internal/External Security vulnerabilities and
local area hazards. It allows a business to document what mitigating
actions have been taken to manage these exposures. By identifying the
threats that currently are being mitigated verses threats that are not,
a business can compile a list of recommendations for improvement.
To be successful, any risk assessment has to concentrate on the local
identifiable issues relating to the business.
The process of identifying risks/threats, probability of occurrence,
the vulnerability to each risk/threat and the potential impact that
could be caused, is necessary to prepare preventative measures and
create recovery strategies. Risk identification also provides a number
of other advantages including:
- Exposes previously overlooked
vulnerabilities that need to be addressed by plans and procedures
- Identifies where preventative measures
are lacking or need reevaluated
- Can point out the importance of
contingency planning to get staff and management on board
- Will assist in documenting
interdependencies between departments and increase communication
between internal groups. Can also point out single points of failures
between critical departments
For the ease of this process, categories
of risk have been created to focus the thought process. In the attached
Risk Assessment Survey, the categories include, Natural Risks, Man-Made
(Human) Risks, and Environmental Risks. These are certainly not
requirements, and should not be considered to be constraining. If a
risk is not listed, you may add to the columns.
The nature of a risk/threat should be determined, regardless of the
type. Factors to consider should include (but not limited to):
- Geographic Location
- Weather Patterns for the Area and Surrounding Areas
- Internal Hazards (HVAC, Facility Security, Access, etc)
- Proximity to Local Response/Support Units
- External Hazards (neighboring Highways, Plants, etc)
Potential exposures may be classified
as:
- Facility Related: Bomb Threat,
Chemical Spills, Civil Disturbance, Electrical Failure, Fire, HVAC
Failure, Water Leaks, Work Stoppage / Strike
- Technology Related: Human Error, Loss
of Telecommunications, Data Center Outage, Lost / Corrupted Data, Loss
of Local Network Services, Power Failure, Prolonged Technology Outage,
UPS / Generator Loss of service.
- Weather Related: Earthquake, Flood /
Flash Flood, Hurricanes / Tropical Storms, Severe Thunderstorms,
Tornado, Winter Storms
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