Practically every organization has internet connectivity and some form of IT infrastructure, which means nearly all organizations are at risk of a cyber attack. To understand how great this risk is and to be able to manage it, organizations need to complete a cybersecurity risk assessment, a process that identifies which assets are most vulnerable to the risks the organization faces.
Mitigating the risks identified during the assessment will prevent and reduce costly security incidents and data breaches and avoid regulatory and compliance issues. The risk assessment process also obliges everyone within an organization to consider how cybersecurity risks can impact the organization’s objectives, which helps to create a more risk-aware culture. So, what is at the heart of a cybersecurity risk assessment?
What does a cybersecurity risk assessment entail?
A cybersecurity risk assessment requires an organization to determine its key business objectives and identify the information technology assets that are essential to realizing those objectives. It’s then a case of identifying cyber attacks that could adversely affect those assets, deciding on the likelihood of those…
