Cyber security risk assessments are a framework for detecting, analyzing, and prioritizing operational risk – Let’s dig deeper into why your company needs it more than ever.
What is a Risk Assessment? Understanding, monitoring, controlling, and reducing cyber risk throughout your company is the goal of a cybersecurity risk assessment. It’s an important element of every company’s risk management and data security strategy.
The National Institute of Standards and Technology (NIST) offers a cybersecurity risk assessment framework that companies can use to evaluate their systems for possible vulnerabilities.
What does a cybersecurity risk assessment do?
Cyber security risk assessments are a framework for detecting, analyzing, and prioritizing operational risk. Risk assessments are used to determine the possibility of an attack on your hardware, software, servers, IP, customer databases, and other devices.
A risk assessment and evaluation is usually carried out by a team of cybersecurity professionals and is often followed by a set of recommended changes to address the risks found.
By conducting systematic risk assessments of your security posture on a regular basis, you will have a better understanding of where your assets are located and what potential threats exist. Risk assessments enable you to