A Risk Impact Assessment is a crucial step in managing an organization’s cyber security risks. It involves evaluating and prioritizing potential risks by considering two important factors: the likelihood of the risk event occurring and the impact it will have on the organization’s activities. The objective is to determine the risks that pose the greatest threat to the organization and to focus the remediation efforts on these risks.
Cyber Tzar’s Score product offers a comprehensive solution to organizations looking to manage their risk exposure. The Risk Impact Assessment Summary generated by the product provides an overview of the organization’s cyber security posture and highlights the areas that require immediate attention. The “top ten” threats guide, in particular, helps organizations focus their remediation efforts on the most pressing risks. This helps organizations communicate the cyber security risks and the necessary actions to mitigate them effectively within the organization.
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