Security Risks & Threats
Introduction
Companies face constant challenges and risk-taking is a natural part of all companies' survival and growth. We at React Risk Advisory specialize in risks related to security and threats.
Security risks largely include the risk of attacks from hostile actors to structural risks in the organization such as security measures taken, plans, role distributions and routines. When the risk occurs, the business' production capacity, personnel health, brand or customer relationships are often affected and can lead to interruptions in operations. The consequence can be a loss of personnel, assets or entire business processes. Successful management of security risks is crucial for a trouble-free operation and long-term development of operations.
Security threats differ from ordinary threats, the threat actor has both the intention and the ability to damage a business or its representatives, physically or financially. What is missing is an opportunity. This can occur when a threat actor has mapped and identified a vulnerability, such as sensitive areas of activity, critical structures, processes or personnel. This is used to influence decision-making by spreading fear among employees, recruiting employees or to target an attack. A threat actor's opportunity can be reduced by taking various security measures.