As cybersecurity risks continually increase, businesses must strengthen the resilience of their organization by maintaining a consistent approach to identifying and managing their cybersecurity risk. The key goal of a cybersecurity framework is to improve an organization’s cybersecurity and resilience by helping to reduce and better manage cyber risks.
Risk management is the set of steps an organization takes to identify, assess, and manage cybersecurity risk. The first step of risk management is to understand the potential risks your business faces and the likelihood that they occur. Once you have a clear understanding of your risks, you must determine your risk tolerance, or the acceptable level of risk your organization is willing to take to achieve your business objectives.
The core elements of a cybersecurity framework consist of 5 functions to help organizations better manage cybersecurity risks:
Every organization faces different threats and vulnerabilities, therefore your approach to managing risk should be unique to your business.
Contact us to learn more about how our cybersecurity and risk management platform works to increase your resilience against cyber threats. We defend against cyberattacks with proactive, innovative, and industry-relevant threat intelligence to give you the confidence that comes from knowing your business is always secure. Anytime. Anywhere.
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