Cybersecurity Foundation EP:2 — Mastering Risk: A Comprehensive Guide for Digital Security

Hey Hackers !!!

Hope you’re doing well and enjoying the long weekend, Welcome to the next episode in our Cybersecurity Foundation series, today we are going to discuss and understand what’s risk and some steps in order to manage those risks, as always we gonna gel our learning with some real life examples for better comprehension of the topic, So lets dive into the discussion without any further dues.

Threat & Risks

Risk is defined as the probability that an event will occur, in a typical business environment risk is referred as an event or action that can negatively impact their computational environment, wherein Threat is a specific type of risk, that is defined as an action or occurrence that could lead to breach in a security, outage or corruption of system’s due to the exploitation of any known or unknown Vulnerability.

In order to tackle with such Threat’s & Risk’s companies develop various Threat & Risk Management Plans, which is the process of Identifying, Assessing & Prioritizing the risks. A Risk Management plan help organizations to eliminate the risk completely or minimize the impact of risk to certain extent is elimination is not possible.

Risk Management Plan