An IT-related risk assessment enables individuals responsible for risk governance to identify
potential high-risk areas. Here’s a detailed explanation:
Define Remediation Plans for Identified Risk Factors: While risk assessments may lead to the
development of remediation plans, the primary objective is not to define these plans but to identify
where the risks lie.
Assign Proper Risk Ownership: Assigning risk ownership is an important part of risk management,
but it follows the identification of risks. The assessment itself is primarily focused on identifying risks
rather than assigning ownership.
Identify Potential High-Risk Areas: The core purpose of a risk assessment is to identify and evaluate
areas where the organization is exposed to significant risks. This identification process is crucial for
prioritizing risk management efforts and ensuring that resources are allocated to address the most
critical risks first.
Therefore, the primary purpose of an IT-related risk assessment is to identify potential high-risk
areas.