What is a Risk Assessment?

a$.$ Mechanisms are used to restrain, regulate, or reduce vulnerabilities.

b$.$ A flaw, loophole, oversight, or error that can be exploited to violate system security policy.

c$.$ Single Loss Expectancy $-$ The expected monetary loss every time a risk occurs. $($SLE$=$AV$*$EF$)$

d$.$ The process of identifying and prioritizing risks to the organization.