- According to Aberdeen Strategy & Research, zero trust is among the top five funded security-related initiatives of 73% of organizations.
- The benefits of cybersecurity initiatives are threefold: risk reduction (or cost avoidance), operational efficiency (cost savings), and achievement of strategic business outcomes (business enablement).
- The market intelligence company discovered that endpoint detection and response (EDR) and extended detection and response (XDR) are becoming mainstream due to zero trust thinking.
Risk management is an inherent part of cybersecurity that enables organizations to minimize threats and capital overheads and optimize operations. It entails identifying, assessing, evaluating, and controlling strategic elements concerning cybersecurity.
Changing tech services, threat landscape, emerging zero-day vulnerabilities, and evolving geopolitical cyberwarfare consistently change organizations’ risk appetite.
Make no mistake, risk management should not be treated as a compliance effort. Rather, it must be considered an ethical objective embedded across the organizational fabric. As such, cybersecurity risk management ownership and responsibility…
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