Each year, the security team at hts financials walks through the facility to determine if any physical controls are missing that would help prevent fraud. In this way, they are participating in.

Each year, the security team at HTS financials walks through the facility to determine if any physical controls are missing that would help prevent fraud. In this way, they are participating in risk assessment.

A risk assessment is what?

Risk assessment is the process of locating potential threats to a company's capacity to conduct business. These analyses assist in identifying these inherent company risks and offer steps, procedures, and controls to lessen their negative effects on daily operations.

In order to prioritize and communicate the contents of the evaluation, including any threats to their information technology (IT) infrastructure, businesses might utilize a risk assessment framework (RAF). The RAF assists an organization in identifying prospective risks, any company assets put at risk by these risks, as well as potential consequences should these risks materialize.

Learn more about risk assessment with the help of the given link:

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