What is Risk Management In Cyber Security ?

In the modern landscape of the internet, one thing is clear that managing cyber risks across the world is harder than we think, it involves a lot many processes and requires a huge amount of thinking to manage all those risks and threats or attacks we face everyday.
Therefore, Risk management is a never ending process of identifying, analyzing, evaluating and addressing the threats and attacks in cybersecurity. It is an ongoing process that involves not only the security team but also the respective organization.
It is very important to overcome and defend against cyber threats and attacks.

KEY COMPONENTS OF RISK MANAGEMENT

IMPORTANCE OF RISK MANAGEMENT

CONCLUSION

Modern landscape of technology has been changing frequently, making managing risk harder day by day. The COVID-19 pandemic and recession have further raised the bar for security and compliance teams by creating more responsibility while diminishing resources. With these types of scenarios it is important for organizations or individuals to have a risk management process. There is hardly any rest for the risk management team as they have to work throughout the cloak and each day of the week.Hence, lets try our best to not fall into the wrong hands and secure ourselves.

“Security used to be an inconvenience sometimes, but now it is a necessity all the time.”