Risk Management

The overall process of handling cyber risks in a sensible way. It includes identifying risks, analyzing their severity, prioritizing them, and taking action to mitigate (reduce) them.

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Effective risk management accepts that you can't guard against everything, so you make smart decisions about which protections matter most. For instance, if you know phishing emails are a big risk to your business, you might invest in training and email filters first.

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The aim is not to panic about every threat, but to reduce the probability and impact of incidents so your business can keep running smoothly.