Overview of Risk Management
The primary goals of risk management in the cloud are to identify, assess, and mitigate potential security threats and vulnerabilities specific to cloud environments, ensuring the protection of data, applications, and infrastructure. Let’s now look at the important definitions of risk management.
Key Concepts in Risk Management
Let’s now look at some key definitions and concepts that will help you on exam day. They are as follows:
- Risk: This can be defined as the potential for loss, damage, or destruction of assets, resulting from a threat exploiting a vulnerability. It represents the likelihood and impact of adverse events that could undermine an organization’s ability to achieve its objectives and execute its strategies effectively.
- Risk management: In cloud security, this is the ability to manage cybersecurity risks in cloud environments to the business, operations, data, infrastructure, and customers.
- Risk appetite...