Cyber Risk Management in Technology Organizations
With the rapid advancement of digital technologies and the growing reliance of technology organizations on computer systems and networks, cyber risks have become one of the most critical challenges threatening information security and business continuity. Cyber risk management is a systematic framework aimed at identifying, analyzing, and mitigating these risks to minimize their negative impact.
Cyber risk management begins with identifying critical digital assets such as data, systems, and technical infrastructure, followed by analyzing potential threats and vulnerabilities that attackers may exploit. This process includes assessing the likelihood of risks and their potential impact on operational processes and organizational reputation.
Technology organizations adopt various strategies to manage cyber risks, including implementing security policies, deploying advanced security solutions, regularly updating software, and applying the principle of least privilege. Employee training and security awareness are also essential components in reducing risks caused by human error.