ISO 26262 is also referred to as H&RA (Hazard & Risk Analysis) and it provides an automotive-specific risk-based approach for determining risk classes. This safety standard is developed by the International Organization for Standardization (ISO). The overall aim of the analysis is to identify and classify the potential hazards in the procedure and to formulate safety goals related to the prevention or mitigation of these hazards to achieve an acceptable residual risk. In this article, you will learn what are the benefits of it and what are its benefits.