Which term describes the act of assessing potential risks and vulnerabilities in a business?

Threat analysis refers to the systematic process of identifying and evaluating potential risks and vulnerabilities that can affect a business's operations and data security. This process involves identifying threats, assessing their likelihood of occurrence, and determining the potential impact they could have on the organization. By performing a threat analysis, businesses can create strategies to mitigate these risks, prioritize resources for cybersecurity measures, and develop an informed approach to safeguarding their assets.

Incident response focuses on how to react after a security incident has occurred, rather than assessing vulnerabilities. Network architecture is concerned with the design and structure of a network, which does not directly involve risk assessment. Security compliance relates to adhering to laws, regulations, and standards in cybersecurity but does not specifically address the proactive evaluation of potential threats and vulnerabilities in a business setting. In contrast, threat analysis is fundamentally centered on understanding risks, making it the most appropriate term for assessing potential risks and vulnerabilities.