The purpose of a DRA is to identify potential hazards before an incident occurs. This is done by assessing the likelihood of an incident and the severity if it does occur. The results of a DRA can be used to develop control measures to reduce or eliminate the risks associated with work activities.
It does this by evaluating your current security posture and then predicting how that posture will change in response to various possible events. This allows you to plan for and mitigate any potential risks before they have a chance to affect your business.
A dynamic risk assessment can be particularly helpful in the event of a security incident. By predicting how the incident could potentially unfold, you can create a plan for responding to it that minimizes the damage done. You can also use it to identify any potential weak points in your security infrastructure that may need to be addressed.
Managing risk in an organization. It is "dynamic" because it is a never-ending cycle that assesses risks as they emerge and takes action to reduce or eliminate them.
A DRA can help you by identifying potential risks to your organization and helping you to develop strategies to mitigate them. By monitoring and managing risk on an ongoing basis, you can ensure that your organization remains safe and secure at all times.