Cyber Security Threat and Risk Assessment
Know which threats matter most, what they would cost you, and where to invest first.
A threat and risk assessment (TRA) identifies the threats and vulnerabilities facing your information assets, assesses how well your current controls hold up, and prioritises what to fix based on the risk to your business. Avocado's TRA goes a step further by quantifying that risk in dollar terms, so your cyber program is built on evidence and your investment case stands up in front of the board.
You'll recognise the situation
Your cyber program is not moving at the pace your business requires, and competing IT priorities make it difficult to determine where to focus investment first.
Your business, IT and cyber teams are operating to different priorities, and there is no shared, evidence-based view of your organisation's actual risk exposure.
Senior leaders or the board are questioning the completeness of your cyber position, and you need a credible business case backed by quantified financial impact.
You are introducing a major system, responding to an audit finding, or need to demonstrate that your CIRMP addresses cyber hazards under the SOCI Act.
What's included
Critical information asset mapping
Identification of your key information assets and the business services that depend on them.
Threat and control assessment
Analysis of threats relevant to your industry, environment and current threat landscape against your existing controls.
Risk quantification and prioritised roadmap
A risk rating and dollar value for each threat, with a prioritised remediation roadmap aligned to your IT program.
Executive summary and board-ready business case
A clear findings walkthrough with your leadership and technical teams, backed by evidence your board can act on.
How it works
Scope
We agree the assets, systems and business services in scope, and establish your risk appetite using a recognised framework such as the ISM, Essential Eight or NIST CSF.
Assess
Our consultants work with your teams to map threats, review your existing controls and identify gaps across people, processes and technology.
Quantify
We assign a dollar value to each identified risk and rank remediation activities by how much risk is removed relative to the cost of addressing it.
Roadmap
We align your cyber and IT roadmaps and deliver an executive-ready business case, giving your leadership the evidence needed to secure investment and act with confidence.
Find out which cyber risks really matter
Align your business, IT and cyber roadmaps and invest where it counts. Start with a free 15-minute discovery with our cyber consultants.
Recognised frameworks plus evidence-based risk quantification
We assess your environment against recognised cyber risk frameworks including the ISM, Essential Eight and NIST CSF to ensure findings are grounded in evidence. We combine structured threat analysis with direct engagement across your business, IT and cyber teams — reviewing existing controls, mapping critical information assets and quantifying risk in dollar terms across your relevant threat landscape.
What you walk away with
Threat and risk assessment for a national allied health provider
Read the case studyDelivered as a standalone threat and risk assessment, or integrated into your broader cyber program — either way, scoped to your environment and presented with an investment case ready for the board.
Common questions
What is a threat and risk assessment (TRA)?
A TRA is a structured process to identify, assess and prioritise the threats and vulnerabilities facing your organisation's information assets, and to determine how to reduce the most significant risks based on their potential business impact.
How is a TRA different from a penetration test?
A penetration test checks whether specific systems can be exploited, whereas a TRA examines your entire environment — including people, processes and controls — and prioritises risk according to business impact, helping you decide where penetration testing is actually needed.
How is a TRA different from third-party risk management?
A TRA assesses risk within your own environment, while third-party risk management addresses the risk introduced by your suppliers and service providers — most organisations require both to achieve a complete view of their cyber exposure.
How long does a TRA typically take?
Most TRAs are completed within a few weeks, with the duration determined by the number of systems, information assets and business services included in scope — we confirm the timeline during the initial scoping conversation.
Does a TRA support SOCI Act or other compliance obligations?
Yes — a TRA provides documented evidence of how your organisation identifies and manages cyber risk, which directly supports obligations such as the SOCI Act Critical Infrastructure Risk Management Program (CIRMP), though it is not a certification audit.
Where organisations go next
Cyber Security Architecture
Ready to act on your TRA findings with a security architecture that addresses your highest-priority risks?Cyber Security Strategy and Governance
Need a cyber strategy and governance framework aligned to your IT roadmap and business priorities?Find out which cyber risks really matter
Align your business, IT and cyber roadmaps and invest where it counts. Start with a free 15-minute discovery with our cyber consultants.