9 months ago

Risk assessments are nothing new, and whether you like it or not, if you work inhttps://www.upguard.com/blog/cyber-security-information-security, you are in the risk management business. As organizations rely more on information technology and information systems to do business, thehttps://www.upguard.com/blog/digital-riskhttps://www.upguard.com/blog/cyber-threat-landscape expands, exposing ecosystems to new criticalhttps://www.upguard.com/blog/vulnerability.

The process of quantifying cyber risks is a function of potential risks, risk tolerance, your specific cybersecurity threats, and other risk mitigation factors.

NIST defines cyber risk assessments as risk assessments used to identify, estimate, and prioritize risk to organizational operations, organizational assets, individuals, other organizations, and the Nation, resulting from the operation and use of information systems.

Beyond that, cyber risk assessments are integral to information risk management and any organization'shttps://www.upguard.com/blog/implementing-tprm