Cyber Security Risk Managemnt

Cybersecurity risk management involves a series of steps to identify, assess, and mitigate risks to an organization's information systems. Here are the key steps:

1. Risk Identification: Identify potential risks, including vulnerabilities, threats, and potential impacts on systems and data.

2. Risk Assessment: Evaluate the likelihood and potential impact of each risk, prioritizing them based on their severity.

3. Risk Mitigation: Implement measures to reduce or eliminate the identified risks. This may include deploying security controls, updating software, or enhancing monitoring.

4. Monitoring and Review: Continuously monitor the system for new risks and assess the effectiveness of existing controls. Update the risk management plan as needed.

5. Communication and Documentation: Ensure that risk management processes and findings are documented and communicated to stakeholders, keeping everyone informed about the current risk posture.