In risk management, what is the goal of ongoing risk assessment?

In risk management, the goal of ongoing risk assessment is to identify and adapt to new vulnerabilities. This process is essential because the threat landscape is constantly evolving, with new vulnerabilities emerging and existing ones being exploited in unforeseen ways. Ongoing assessments help organizations stay aware of changes in their environment, both internal and external. This includes monitoring for new threats, changes in technology, altering business processes, or shifts in regulations that could impact an organization's risk profile.

By continuously evaluating risks, organizations can make informed decisions about necessary adjustments to their security measures, ensuring that their defenses remain robust and effective against evolving threats. This approach allows for the development of proactive strategies to mitigate risks rather than just reacting to incidents after they occur. Overall, the focus on identifying and adapting to new vulnerabilities enhances an organization's resilience and ability to protect its assets over time.