Threat assessment is a friendly neighborhood watch, but for businesses. It’s the process of identifying potential hazards or “bad guys” that could harm a company’s operations, assets, or people. It is a super-sleuth, sniffing out possible dangers and uncovering their sneaky plans. By understanding these risks, companies can put on their superhero capes and take action to protect themselves. This essential practice helps businesses stay one step ahead of trouble, ensuring they can continue to thrive and grow. So, threat assessment is basically a company’s best buddy, keeping an eye out for danger and helping them stay safe and sound.