What is the primary purpose of Risk Assessment?

The primary purpose of Risk Assessment is to assess security-related risks from various threats. Risk assessments are essential tools in the security field that help identify, analyze, and prioritize risks to an organization's assets, operations, and personnel. By evaluating potential threats and vulnerabilities, organizations can develop effective strategies to mitigate risks, allocate resources efficiently, and enhance their overall security posture. This process enables decision-makers to understand the potential impact of various threats, which is critical for planning and implementing measures to protect their assets and ensure the safety of their employees and clients.

The other options do not align with the primary focus of a risk assessment. Evaluating financial performance pertains more to financial analysis than to security assessment, while employee performance metrics are related to human resource management. The provision of a legal framework for audits pertains to compliance and governance rather than the direct assessment and management of security risks.