Risk is the potential for loss, damage, or adverse consequences from an activity, process, or event. It is the likelihood that a harmful event or outcome will occur and the impact or severity of the consequences that may result. Probability and effect are risk measurements, and various factors influence them, including external threats, internal vulnerabilities, and human error. Risk management aims to identify, evaluate, and prioritize potential risks and develop strategies to manage or mitigate them to minimize the likelihood and impact of adverse events.

ThreatNG Security can assist an organization in managing risk by identifying external attack surfaces, evaluating digital risks, monitoring security posture, and providing real-time alerts and security ratings. With ThreatNG, an organization can secure its assets and data, reduce the likelihood and impact of adverse events, and manage risk more effectively. The security rating provided by ThreatNG can help benchmark the organization against its peers and identify areas for improvement.