Risk Assessment
A systematic process of identifying, analyzing, and evaluating risks to an organization's information assets.
Risk assessments identify threats and vulnerabilities, estimate the likelihood and impact of potential incidents, and prioritize mitigation efforts. They are required by ISO 27001, SOC 2, HIPAA, and most other compliance frameworks and must be updated regularly.
Document intelligence accelerates risk assessments by analyzing policy documents, prior assessment reports, and vendor security documentation. It helps risk managers identify previously assessed risks, track mitigation progress, and ensure comprehensive coverage across all organizational areas.
Related Terms
More compliance Terms
General Data Protection Regulation (GDPR)
The European Union regulation governing how organizations collect, process, store, and protect personal data.
SOC 2
An auditing framework that evaluates an organization's controls for security, availability, processing integrity, confidentiality, and privacy.
HIPAA
The U.S. federal law that establishes standards for protecting sensitive patient health information.
Audit Trail
A chronological record of system activities that provides documentary evidence of the sequence of actions performed.
Data Privacy
The practice of handling personal information in accordance with legal requirements and individual expectations about data use.
PCI DSS
The Payment Card Industry Data Security Standard — a set of requirements for organizations that handle credit card information.
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