Risk Management
Cybersecurity risk management is the ongoing process of identifying, assessing, and mitigating risks to an organization's IT infrastructure and digital assets. It aims to protect critical systems, data, and operations from cyber threats and vulnerabilities.
The key security components of Risk Management include:
- Risk Identification
- Risk Analysis
- Risk Mitigation
- Continuous Monitoring
Continuous Threat Exposure Management (CTEM) is a crucial component of modern cybersecurity risk management. It offers a proactive and holistic approach to identifying, assessing, and mitigating cyber threats. CTEM proactively addresses the Risk Management components by following a five-stage framework:
1.Scoping: Defining critical assets and aligning with risk strategy
2.Discovery: Assessing the environment for vulnerabilities and attack vectors
3.Prioritization: Ranking risks based on potential impact
4.Validation: Confirming the severity of risks through simulations or penetration tests
5.Mobilization: Deploying resources to address prioritized risks
By implementing CTEM, organizations can significantly improve their risk management capabilities, reduce the likelihood of successful cyberattacks, and maintain a more resilient security posture in the face of evolving threats.
Vulnerability Management
Vulnerability management (VM) is the continuous process of identifying, assessing, prioritizing, remediating, and reporting security vulnerabilities in an organization's IT infrastructure, including systems, software, and networks. The primary goals of a VM are to:
- Reduce attack surfaces
- Improve overall security posture
- Meet regulatory compliance requirements
- Minimize business risks
- Asset discovery and inventory
- Vulnerability scanning and penetration testing
- Risk assessment and prioritization
- Patch management and configuration updates
- Reporting and documentation