TraceSecurity Risk Assessment is a professional service that identifies organizational countermeasures in place to reduce the likelihood and impact of cybersecurity events. The service evaluates whether implemented countermeasures adequately reduce organizational risk to acceptable levels and provides a prioritized list of threats with action items for developing risk management strategies. The service offers three tiered assessment options based on organizational size and maturity. Tier 1 assessments evaluate 100+ controls for smaller organizations, Tier 2 assessments cover 150+ controls for medium-sized organizations, and Tier 3 assessments examine 200+ controls for mature organizations with complex IT infrastructures. Each tier can be customized to include additional security controls as needed. The assessment methodology follows a structured process to identify risks, evaluate controls, and prioritize remediation efforts. Results assist organizations in making business decisions and prioritizing security objectives by leveraging severity and potential impact data for each identified risk. TraceSecurity Risk Assessments include access to proprietary Risk Management software that enables organizations to prioritize, assign, and track remediation efforts. The software also supports documentation of risks deemed acceptable to the organization, facilitating ongoing risk management beyond the initial assessment.