Security News > 2021 > January > 2021 predictions: Quantifying and prioritizing cyber and business risk
2021-01-25 16:33
Matt Kunkel: The biggest challenge for quantifying and prioritizing risk is data.
2020 got the attention of executives on risk management, the challenge for risk professionals in 2021 is what will they do with it.
Cyber risk is one of the largest areas of risk for companies today.
Matt Kunkel: Prioritizing risk management starts by evaluating your current risk exposure and the potential impact of those risks on your day-to-day operations.
The key to prioritizing risk is tying all risk back to business objectives, which allows you to translate it to dollars and cents.
Certainly technology is a key component of quantifying and prioritizing risk.