9 months ago

A https://www.upguard.com/blog/cyber-security-risk-assessment is an examination of an organization or potential vendor’s current technology, security controls, policies, and procedures and which potential threats or attacks could affect the company’s most critical assets and data. Organizations can use cybersecurity risk assessments to understand their ability to protect https://www.upguard.com/blog/sensitive-data, https://www.upguard.com/blog/personally-identifiable-information-pii, and critical assets from https://www.upguard.com/blog/cyber-attack.

Risk assessments need to evaluate the existing security threats and where the organization is vulnerable.

Having performed a cybersecurity risk assessment, organizations can communicate clearly with stakeholders, including staff, shareholders, business partners, third-party vendors, outsourced IT security, and customers.

Part of a cybersecurity risk assessment is creating documentation about the organization’s information security.