Summary
As one of the most important components of your cybersecurity program, risk management is a priority – especially in today’s world, where we must show full transparency of all known risks to ensure that the right decisions are made at the right levels within an organization. Risk management is not a simple task to manage, and it is important that the right processes are put in place and everyone is aware of how to efficiently handle and manage identified risks. Risk management crosses the entire cybersecurity program, and everyone within the cybersecurity function must be fully aware of how to handle a risk as it is identified. The quicker a risk is identified, reviewed, documented, actioned, and resolved, the better for the organization. Remember that nothing is risk-free in this world, and the same applies to cybersecurity. There will always be a risk!
To start the chapter, we discussed in more detail why risks are so important and how everything we manage...