Vulnerabilities, Threats, and Risks: Environmental, Social and Governance (ESG) Criteria Book 2

Vulnerabilities are what managers see to identify and mitigate against risks on time. Vulnerability analysis helps to prioritize the vulnerability factors and avoid wasted time, money, and resources. Threats take advantage of a vulnerability in the environment that they can exploit. Threats will exist but if there are no vulnerabilities, there are limited or zero chances of risk. Hence, knowing about common vulnerabilities and tracking them regularly is critical to identifying potential risks to assets. Understanding risk, threat, and vulnerability is a good first step toward achieving a secure and much safer environment.