Learn about the importance of risk management in technology, particularly in mitigating cybersecurity threats, preventing system outages, and building trust with stakeholders.
This article covers the risk management process, including risk identification, assessment, treatment, and monitoring, as well as the significance of controls in information security.
Additionally, it introduces the concept of a quantitative risk model for assessing and managing risks using numerical data and metrics to enhance control effectiveness and resilience against cybersecurity threats.