7 principal pillars of Zero Trust Model
The major strategic goal of cyber security in the digital age is to combat and mitigate data breaches. A company's data is its most valuable asset to...
Risk lies around every corner and should be expected at any time. In the world of IT, risk is inherently everywhere and comes in many shapes and forms. Consequently, the task of writing down all possible risks threatening an IT infrastructure can be daunting and never-ending.
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However, brainstorming all possibilities of threats looming around IT systems is an absolutely necessary job to know what, when, where and how to defend.
Risk assessment in cybersecurity is a systematic process that involves identifying, evaluating, and prioritizing potential risks and threats to an organization's information systems, data, and digital assets.
The goal of a cybersecurity risk assessment is to understand the potential impact of various security threats and vulnerabilities and make informed decisions about how to mitigate or manage these risks effectively.
From an endpoint secutiry perspective, risk assessment models as well as information security regulations take it very seriously. At the endpoint, there are massive potentials for attack, and this is because of:
Many models have been developed for risk assessment. An easy yet effective one is the Severity, Probability and Exposure (SPE) model. It works as follows.
Risk = Severity x Probability x Exposure
Severity: Severity is an event’s potential consequences measured in terms of degree of damage, injury, or impact on a mission. Severity can vary from 1 to 5.
Probability: Probability is the likelihood that the potential consequences will occur. Probability can vary from 1 to 5.
Exposure: Exposure is the amount of time, number of occurrences, number of people, and/or amount of equipment involved in an event, expressed in time, proximity, volume, or repetition. Exposure can vary from 1 to 4.
Curious? You want to assess your own risk?
We have provided you with a tool. Click here for your individual SPE Calculator:
(Excel file)
Need help putting your SPE Score into context and identify sensible measures to reduce risks in certain areas? Our Consulting Team is here for you.
The major strategic goal of cyber security in the digital age is to combat and mitigate data breaches. A company's data is its most valuable asset to...
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