Cybersecurity is sometimes overlooked in modern commerce — its importance only acknowledged after an incident occurs. Any business reliant on computers, software and the internet needs to manage its sensitive data and financial information with the utmost care, no matter their industry. If you’re not fully in control of your data and someone unauthorized gains access to it, the effects could be catastrophic.
In this article, we outline the key steps involved in cybersecurity risk management. This way, businesses can keep their valuable information safe without suffering potentially damaging downtime or data loss.
What is cybersecurity risk management?
Cybersecurity risk management is the practice of identifying the risks to which your data and computer networks are exposed and devising ways to defend against them.
Every business that connects to the internet and uses computers faces cybersecurity risks. Knowing which attacks present the most significant threat is the key to defending your company successfully. Cybersecurity risk management identifies those threats and helps you tailor a unique cybersecurity strategy for your business.
