Virtualization can be defined as creating a virtual version/model of a device or system resource, such as a server, network, storage device or even an operating system where through configuration, resources are divided/partitioned into one or more execution/programmable environments. Virtualized infrastructure have become very popular in recent times given its cost saving potentials. Instead of purchasing physical servers or workstations for every application to be deployed by an organization, a single highend server with high system resources such as memory, processing (CPU) capacity, storage space and operating system is purchased and its resources partitioned into fragments to create multiple server environments in the single infrastructure. This reduces the requirement for physical space, power and other resource that would have been used if each application were to be deployed on separate physical servers/infrastructure. While it is advantageous to use virtualized infrastructure for application deployment for cost savings, it comes with its own risk, vulnerabilities and challenges, which if not identified and mitigated could lead to compromise of the security of the entire infrastructure as well as individual applications hosted on the infrastructure. As such, it is important for these risks/vulnerabilities to be identified and the organization's exposure to them assessed to ensure their impact is mitigated or minimized while assuring on the overall security of the organization systems and network. This is the purpose of this risk assessment report template. This template can easily be integrated with popular audit management software such as teammatessolutions or MKinsight as we will provide you with the template in excel for easy integration in the required format. Find below a sample page of the virtualized infrastructure risk assessment report template. To gain full access to the template document, you can subscribe to our membership plan or purchase the template by click the Buy Now button below.