Threat Risk Assessments - What's the real value?
Posted by: Andrew Jefferies
on Mar 02, 2009
So, you've had your vulnerability assessment and you've found out what your issues are. Why would you pay the extra money for a TRA?
The answer to this depends on what you are trying to accomplish with your assessment. If you are simply looking for a way to understand what is wrong with your system in technical terms, so that you can make technical fixes, a vulnerability assessment is what you need. If any of these points are your goals then you should have a TRA performed:
- You need to prioritize the fixes based on impact to your business or costs.
- You need to understand what the risks are to your business processes or information.
- You need to know if your processes or management strategies are sufficient.
- You need to comply with a government or third party standard.
- Your system is complex and the impacts of vulnerabilities are not easily understood.
- You aren't sure whether it is worthwhile fixing a problem or if you should accept it as a risk.
- You need the results stated in terms of business impact.
A TRA is meant to provide you with a holistic analysis of your system that describes:
- The components of the system.
- The importance (sensitivity) of the system and its data or processes.
- Threats to the system.
- Vulnerabilities within the system or that affect the system.
- Mitigation strategies.
- Current and mitigated risk ratings.
When you are procuring TRA services it is important that your service provider has experience with them and that they have a set process. There are several different TRA frameworks and it is important that you understand what process will be done and what to expect as an outcome. Ask them for a sample report so that you can have a comfort level with the project.
At Bulletproof, depending on the project, we will either use our internal streamlined TRA or the Harmonized TRA Methodology .
I'll go over the differences in these methods in a later post if there is interest.




