Article | January 17, 2020

5 Reasons Why Risk Assessments Should Be A Consistent Part Of Your Operational Strategy

Source: ConnectWise

By John Ford, ConnectWise

Risk Decision

As your business evolves, the factors that pose security risks are everchanging—which means your defense strategy can rapidly become outdated and ineffective. Risk assessments provide a snapshot of the internal and external factors that threaten your business—and your customers—at a given point in time. Since risk factors are volatile, managed service providers (MSPs) need to perform security risk assessments on a regular basis to stay on top of threats as they emerge or evolve.

Think of it like a routine doctor’s visit. When you get a checkup, the state of your health at that moment in time isn’t an indicator of your health over your entire lifetime. If the results were clear, you would continue to schedule an annual physical to maintain this level of health. And if your appointment revealed some health concerns, you’d follow a regimen prescribed by your doctor and schedule follow-up visits to address the issue.

In the same way, risk assessments are a checkup for your customer’s security “health.” Security is not a problem to solve—it’s something that needs to be continuously monitored and managed.

You can get ahead of any risks and spot areas for improvement in your business by making risk assessments a normal part of your relationship with customers, discussed in monthly or quarterly business review meetings. Here are five reasons why risk assessments should be a non-negotiable part of your strategy.

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