Identify, prioritize, and mitigate every threat before it disrupts your business.
A threat is any occurrence that has the potential to cause detrimental effects on people, assets, resources, processes, technology, the environment, or the community. Threat assessment is the process by which organizations identify, prevent, and mitigate all operational constraints that can disrupt business.
While threats can never be entirely eliminated, your organization can implement response measures for preventing, controlling, and minimizing them. Stay In Business has an integrated threat assessment module that lets you assess every threat based on defined parameters — and build mitigation strategies that keep your business operational despite adversity.
How probable is it that the threat will actually occur at your location?
What damage would the threat cause to people, property, processes, and operations?
How exposed are your assets, infrastructure, and people to this specific threat?
A complete threat assessment covers three interconnected areas — giving your organization a full picture of its risk landscape.
All hazards or threats to the organization's business processes are identified — from natural disasters and cyber threats to supply chain failures and civil unrest. No threat category is overlooked.
Identifies which organizational entities are put at risk by each threat — including physical assets, people, technology infrastructure, resources, and critical processes that could be compromised.
Determines the impact on business operations if each identified hazard or threat were to occur — across individuals, property, processes, the environment, and other organizational entities.
Threats are prioritized using a consolidated rating that considers multiple factors — ensuring your response resources are directed where they matter most.
Which physical assets, systems, and resources are exposed to the threat and what is their criticality to ongoing operations?
Contextual factors including the location of the threat, the timing of its potential occurrence, and its magnitude are evaluated as part of the overall rating.
The likelihood that the threat will actually materialize — informed by historical data, environmental conditions, and situational context for each location.
Existing controls and countermeasures are evaluated to determine how effectively they reduce the probability or impact of the threat occurring.
The potential harm to employees, contractors, visitors, and the wider community if the threat were to materialize at the assessed location.
The downstream effect on business processes, partner entities, property, and the environment — used to prioritize recovery planning and resource allocation.
The SIB BCDR Platform visualizes threat assessment findings through intuitive, color-coded graphic displays — where every threat is rated based on the consolidated value of its likelihood, impact, and vulnerability. Assessments can be run separately for each of your organization's locations, with fully customizable risk scales to match your specific operational context.
Reports can be generated and downloaded as PDFs for archival and future reference. Based on these findings, your organization can develop unique mitigation strategies — which can also be directly replicated into your business continuity plans.
Explore SIB's risk tools, test the platform, and choose a solution that fits your organization's needs.