Security Risk Assessment & Audit (SRAA) in Hong Kong

What is an SRAA?

A Security Risk Assessment & Audit (SRAA) is an independent review of your information security risks: the assets you hold, the threats and vulnerabilities that apply, how severe each risk is, and what to do about it. The result is a risk register with clear ratings and a treatment plan that management can act on and auditors can rely on.

LuDuan conducts SRAA engagements following the ISO 27005 risk management methodology — from asset identification through threat and vulnerability assessment, risk analysis (likelihood × impact), risk treatment recommendations and residual risk acceptance.

What the assessment covers

Asset identification — cataloguing the information assets, systems and processes in scope.
Threat & vulnerability assessment — mapping realistic threats and weaknesses against those assets.
Risk analysis — scoring each risk by likelihood and impact.
Risk treatment recommendations — practical mitigations prioritised by risk level.
Residual risk acceptance — documenting what remains after treatment, for management sign-off.

What you receive

Two-document pack (ISPG-SM01) — the SRA report (risk register and safeguards) plus the SA report (compliance checklist and audit findings), aligned with the DPO Practice Guide.
SRAA report with a full asset register
Threat catalogue relevant to your environment
Risk register with risk ratings
Risk treatment plan with prioritised actions
Executive summary for board and stakeholders

Who needs an SRAA?

Regulated industries and organisations that supply — or want to supply — government and enterprise contracts increasingly mandate independent security risk assessments. An SRAA provides a defensible, standards-based risk picture for tenders, audits, insurance and board reporting.

Why deliver SRAA with LuDuan?

Fixed, transparent pricing — SRAA engagements from HK$16,800 (Professional tier).
ISO 27005-based methodology — a recognised risk management framework.
AI-automated, expert-reviewed — 80% of the production work automated, 100% of deliverables validated by a certified professional.
Fast turnaround — on average 50% faster at 50% or less of traditional consulting cost.

Frequently asked questions

What does SRAA stand for?

SRAA stands for Security Risk Assessment & Audit — an independent assessment of an organisation's information security risks, produced against a recognised risk management methodology.

Who needs an SRAA in Hong Kong?

Regulated organisations and suppliers to government or enterprise contracts increasingly mandate independent security risk assessments. An SRAA is commonly required for tenders, audits and compliance programmes.

How much does an SRAA cost at LuDuan?

LuDuan SRAA engagements start from HK$16,800 (Professional tier). Final pricing depends on scope — the number of systems and locations assessed.

What methodology does LuDuan use for an SRAA?

LuDuan follows an ISO 27005-based methodology: asset identification, threat and vulnerability assessment, risk analysis (likelihood × impact), risk treatment recommendations and residual risk acceptance.