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A vulnerability assessment is the process of identifying, quantifying, and prioritizing vulnerabilities in a system. It involves evaluating the security posture of a system or network by identifying weaknesses that could be exploited by attackers. This assessment typically includes scanning for known vulnerabilities, analyzing security policies and configurations, and assessing the overall security readiness of the system. The goal of a vulnerability assessment is to proactively identify and mitigate potential security risks before they can be exploited.