23 CAR § 31-106. Assess risk

The licensee: (1) Identifies reasonably foreseeable internal or external threats that could result in unauthorized disclosure, misuse, alteration, or destruction of customer information or customer information systems; (2) Assesses the likelihood and potential damage of these threats, taking into consideration the sensitivity of customer information; and (3) Assesses the sufficiency of policies, procedures, customer information systems, and other safeguards in place to control risks.