Risk Management
Risk management serves as the foundation of a cybersecurity program, ensuring that organizations can proactively address potential threats. It is the process of systematically identifying, analyzing, and mitigating risks that could compromise an organization. Security professionals, risk analysts, and business leaders collaborate to assess these risks, considering factors such as threat likelihood and potential impact. Its main goal is to protect the organization by minimizing the impact of risks.
An effective risk management process follows a methodical approach to identify and address potential vulnerabilities. This process includes risk assessments, threat modeling, and continuous monitoring to evaluate vulnerabilities and prioritize mitigation efforts. Integrating risk management into areas such as incident response, business continuity, SSDLC, and vulnerability management enables organizations to make informed decisions, develop effective strategies, and allocate...