Threat Identification Clause Samples
The Threat Identification clause establishes a process for recognizing and documenting potential risks or hazards that could impact the parties or the subject matter of the agreement. Typically, this involves regularly assessing operations, environments, or activities to pinpoint threats such as security breaches, safety hazards, or compliance risks. By systematically identifying threats, the clause helps ensure proactive risk management and enables the parties to implement appropriate safeguards, thereby reducing the likelihood of harm or disruption.
Threat Identification. Facilitate a review with Contractor to identify the types of threats that may affect the identified assets.
Threat Identification. A threat is a potential cause of an incident. In the context of cyber risk, we are often concerned about malicious human actors who deliberately launches attacks in order to harm our assets, and this is what we focus on here. However, human threats can also be non-malicious. For example, a thoughtless employee may publish confidential information on a website without wanting to cause any harm. Moreover, non-human threats, such as a power failure, should also be taken into account. Threats should be placed on the left-hand side of the diagram, as they represent the initial cause of the chain leading to an asset being harmed.