What is the focus of "cyber risk management" in organizations? 🔊
The focus of cyber risk management in organizations is to identify, assess, and mitigate potential risks associated with cyber threats. This process involves evaluating the organization's assets and existing security measures, enabling the development of a comprehensive strategy that minimizes vulnerabilities. By implementing appropriate security controls, conducting regular audits, and providing employee training, organizations can reduce the likelihood of data breaches and ensure compliance with regulatory standards. Effective risk management safeguards sensitive information and maintains the trust of customers and stakeholders.
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