Risk management is the process of identifying potential risks , assessing the impact of those risks, and planning how to respond if the risks become reality. It is important for every organization, no matter the size or industry, to develop a cybersecurity risk management plan.
It is important, however, to know that not all risks, even if identified in advance, can be eliminated. But even in those cases, you can reduce the potential impact . Here are 10 items to consider when planning your organization’s cybersecurity risk management.