Risk management, the identification, evaluation, and prioritization of risks should be a top priority for every IT leader looking to protect data and other valuable resources.
“Building a strong IT risk mitigation strategy is like assembling a puzzle where each piece represents a critical element of the organization’s digital infrastructure,” observes George Chedzhemov, cybersecurity strategist at data security, compliance, privacy, and governance provider BigID in an email interview.
Risk mitigation is the end result of a strong cybersecurity risk management implementation, says Frank Schugar, CEO of Aerstone, a cybersecurity solutions company via email. “The process should start by assigning risk management roles and responsibilities across the organization, and by designating an authorized official to lead the risk management effort.”
First Steps
Building a strong risk mitigation strategy should begin with a comprehensive risk assessment in order to understand specific risks the organization faces Chedzhemov says. “This should include an evaluation of both internal and external risk factors.”
Once specific roles have been defined, Schugar recommends creating a…
