// THREAT DETECTION AND DATA PRIVACY TERM

Impact Assessment

An impact assessment is the process of determining the severity and consequences of a security incident. It evaluates what systems, data, and business operations have been affected to understand the full extent of the damage.

Impact Assessment — illustration from Wikipedia
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TECHNICAL DEFINITION

In cybersecurity incident response, an impact assessment is the systematic evaluation of a security breach's scope, severity, and consequences, quantifying business disruption, data compromise (e.g., PII, intellectual property), financial loss, and reputational damage to guide containment, eradication, and recovery efforts.

BACKGROUND

Computer security is a subdiscipline within the field of information security. It focuses on protecting computer software, systems, and networks from threats that can lead to unauthorized information disclosure, theft, or damage to hardware, software, or data, as well as to the disruption or misdirection of the services they provide.

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SYNONYMS & ALIASES

  • Damage Assessment
  • Breach Assessment
  • Severity Analysis
  • Incident Scope Analysis
  • Consequence Evaluation
  • Business Impact Analysis

USAGE NOTE

The impact assessment is an iterative process that evolves as forensic investigation uncovers more information about the security incident.

DEVELOPERS

Organizations developing technology related to Impact Assessment.

  • Tenable

    Develops the Tenable One platform for exposure management, which uses predictive analytics and attack path analysis to help organizations understand and prioritize security vulnerabilities based on their potential business impact.

  • Rapid7

    Offers the InsightVM platform, a vulnerability risk management solution that provides visibility into risk, helps prioritize vulnerabilities based on potential impact, and automates remediation actions.

  • RiskLens

    A pioneer in Cyber Risk Quantification (CRQ), offering a platform based on the FAIR (Factor Analysis of Information Risk) model to help organizations measure and manage cyber risk in financial terms, directly assessing the monetary impact of security events.

  • MITRE Corporation

    A non-profit organization that develops foundational cybersecurity frameworks like ATT&CK, which is used globally by security tools and teams to model adversary behavior and assess the potential operational impact of specific attack techniques.

  • Mandiant (Google Cloud)

    Provides threat intelligence and security validation technologies that help organizations simulate attacks, manage their attack surface, and understand the potential impact of breaches based on real-world incident response data.

  • Safe Security

    Develops a cyber risk quantification and management (CRQM) platform that provides a real-time, data-driven assessment of an organization's cyber risk, translating it into a potential financial impact.

  • Cymulate

    Provides a Breach and Attack Simulation (BAS) platform that continuously tests and validates an organization's security controls against the latest threats, providing clear metrics on security gaps and the potential impact of a successful attack.

  • Picus Security

    Develops a Breach and Attack Simulation (BAS) platform that helps organizations validate the effectiveness of their security controls and provides threat-centric context to prioritize mitigation efforts based on potential impact.

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