What is a common reason for performing a risk assessment?

Performing a risk assessment is primarily aimed at identifying and managing potential threats and vulnerabilities to an organization's assets, with cybersecurity being a critical area of focus. By conducting a thorough risk assessment, organizations can evaluate their security posture, understand the potential impact of cybersecurity incidents, and implement measures to mitigate those risks. This proactive approach helps safeguard sensitive information, maintain operational integrity, and protect the organization's reputation.

The incorrect options do not align directly with the primary objective of a risk assessment. For instance, while improving employee morale and enhancing client relationships are important organizational goals, they are not the central focus of a risk assessment. Similarly, exceeding company budgets does not align with the strategic purpose of evaluating risks and ensuring resource allocation aligns with risk management strategies. Therefore, focusing on mitigating potential cybersecurity incidents is a fundamental reason for performing a risk assessment, as it directly addresses the protection of critical assets against evolving threats.