Risk Assessment
There's no way that FONIQ can identify, analyze and remove all risks, but instead, risks that cause the most serious impact to your business will be accurately identified and mitigated to an acceptable level. Our risk assessment comprises of the following:
- Helping you understand more about your business (help you know what your business depends on the most), and how long you can survive without it. All critical aspects of your business wil be identified.
- Prioritizing risks so that the right care can be given to a High-risk situation that causes serious financial impact to your business.
- Identifying countermeasures to counteract the identified risks. Countermeasures are then evaluated for the reasonableness (cost effective) and effectiveness.
- Selection of countermeasures is done upon consensus of opinion from your Management.
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