Definition
Risk Management is the ongoing process of identifying, assessing, prioritizing, and mitigating cybersecurity risks to reduce their potential impact on an organization's operations, assets, and reputation.
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Related Terms
Risk Assessment
A risk assessment is the systematic process of identifying, analyzing, and evaluating cybersecurity risks to an organization. It determines the likelihood and potential impact of threats, helping prioritize security investments and mitigation strategies.
Business Impact Analysis
A Business Impact Analysis (BIA) is the process of determining the potential effects of disruptions to critical business operations, including financial losses, operational impacts, and recovery priorities.
Security Policy
A Security Policy is a formal document that defines an organization's approach to information security, establishing rules, guidelines, and responsibilities for protecting assets, data, and systems from threats.
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