Many industry regulations require or promote cybersecurity risk assessments to bolster incident response, but what is a cybersecurity risk assessment? For example, cyber risk assessments aren't only required under HIPAA (Health Insurance Portability and Accountability Act). Still, they are also key in strengthening the IT team's and business leaders' confidence level and knowledge of where the organization is most vulnerable and what data is involved in higher-risk treatment environments. The ultimate goal? To better manage cybersecurity-related risks, which inevitably cover the entire organization, vendors, applications, and customer base in public and private sectors. Unsurprisingly, having this knowledge permeate your organization leads to practical cyber risk assessments and management.

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Alison Furneaux

Source: Security Boulevard
Source Link: https://securityboulevard.com/2024/12/how-to-streamline-your-cybersecurity-risk-management-process/