TVRA - Threat risk assessment

A TRA is a process used to identify, assess and address remediate risk areas. The result of this process is to strengthen the network and help prevent, or at least reduce attacks.

The primary objective of a threat assessment is to identify potential security threats, risks and challenges that may impact your business operations and the safety of assets. The Threat Vulnerability Risk Assessment (TVRA) activities involve a comprehensive study of any greenfield or brownfield project to identify critical assets, existing and emerging threats, gaps or vulnerabilities in the existing security setup/environment and the evaluation of identified risks. This study provides a risk metric that helps in formulating a robust security design by addressing the identified threats and risks.

At Netrika Consulting, our professional team conducts the TVRA and then provides a detailed analysis report that highlights any gaps and offers recommendations to mitigate the identified risks. These recommendations also include technology-based solutions that may be deployed to mitigate the risks.

What is Threat and Risk Assessment?

A TRA is a process used to identify, assess, and remediate risk areas. The result of this process will be to hopefully, harden the network and help prevent or at least reduce attacks.

Threat Risk Assessment

Threat and Risk Assessment provides a more thorough assessment of security risks than standard assessments, such as studying threat statistics or conducting a facility walk-thorugh. The analyst gathers information and data from various methods and combines them to form an extensive plan for effective security management. This process also includes assessing a company's compliance with industry practices and applicable laws.

Our TVRA consists of the following crucial steps:

Asset Identification and Characterisation
Threat Assessment
Vulnerability Assessment
Risk Evaluation
Risk Treatment & Mitigation

We follow a TVRA framework based on an 'Outside to Inside' approach. First, we identify external threats through a PESTEL analysis and then we assess internal risks by evaluating the people, processes, infrastructure and technology within your organisation.

Sanjay Kaushik

Managing Director, Netrika Consulting India Pvt Ltd, ASIS APAC Board Member

CFE, CII, FCIISCM, CATS, CCPS, CFAP

+91-124-488-3000

Kartik Vig

Director - Security & Risk Consulting

+91-124-488-3000

Organisations are trying to be proactive with their monitoring to spot suspicious people and packages before crimes occur.

Sanjay Kaushik

CFE, CII, FCIISCM, CATS, CCPS, CFAP Managing Director

With our quality of work, we at Netrika enable businesses to grow and prosper by helping them address their security and risks.

Kartik Vig

Director - Security & Risk Consulting

What we offer

Data with integrity.
Our methodologies reflect a strict adherence to industry-recognized standards. Moreover, we deliver one of the highest educations and employment verification rates in the industry.
We design products and services that adapt proactively to current and future needs for screening.
Compliance-driven Strategies Risk mitigation is a crucial component for successful recruitment when developing the brand.
Fast Turnaround Times: To help customers make decisions even faster, we deliver real-time results as they are available, accelerate communications between third parties, and can leverage candidate-provided documentation where appropriate.
Global Reach: With today’s globalized workforce, it’s essential that your background check company be able to procure candidate background information from around the world.
100 Years of cumulative Experience You Can Rely On.
Member of PBSA- Professional Background Screening Association.

FAQs

What is a Threat and Risk Assessment?

A TRA is a process used to identify, assess, and remediate risk areas. The result of this process will be to, hopefully, harden the network and help prevent (or at least reduce) attacks.

What is TVRA certification?

TVRA (Threat and Vulnerability Risk Assessment) is a set of requirements issued by the Monetary Authority of Singapore (MAS) for all Singapore-based financial institutions with overseas physical presences. What is the purpose of a Tvra? Threat, vulnerability, and risk assessment methodology.

What is included in threat and risk assessment?

For threat assessments, historical information, including previous criminal and terrorist incidents, serves as a key source. Real, innate, and potential risks are all taken into account in a thorough threat assessment

What is the TVRA requirement?

The TVRA process involves identifying threats critical assets and how they may affect / impact the operations of the critical infrastructure and the safety of the personnel on site, determining how best to mitigate those threats, based on current capabilities and resource requirements.

Who should be involved in the threat and risk assessment team?

The threat and risk assessment team must include in-house security personnel, human resource personnel, financial decision makers, facilities personnel and key organisation decision makers.