What is it and how do you perform one?

Every company needs a cyber risk assessment nowadays, here’s everything you need to know.

A cyber risk assessment is a crucial part of any company or organization’s risk management strategy. Nowadays, just about every organization relies on information technology and information systems to conduct business. And there are risks inherent in that. Risks that, up until the digital age, companies never had to really contend with.

Risk assessments are nothing new. They’ve been around in some form or another since at least the ancient Egyptians, when they would use various calculations to try and determine whether they needed to store up extra grain because the Nile river would fail to flood. For all intents and purposes, they became much more formalized in the early 1900s when labor movements started pushing for safer workplace conditions.

And you have to be careful when you’re looking for advice on performing a cyber risk analysis, because if you forget the word “cyber” you end up in a land of industrial manufacturing accidents and death & dismemberment clauses.

That’s why we’ve put together this guide on how to perform a proper cyber risk assessment. We’ll be…