Cyber Risk Assessment Steps

  1. Identify Assets: Identify and document the critical assets of the organization.

  2. Assess Vulnerabilities: Assess the organization’s current vulnerabilities, considering both internal and external sources.

  3. Establish Risk Level: Establish the risk level associated with each vulnerability.

  4. Develop Risk Mitigation Plan: Develop an effective risk mitigation plan that addresses the identified vulnerabilities.

  5. Implement Risk Mitigation Plan: Implement the risk mitigation plan and monitor the effectiveness of the plan.

  6. Test Security Controls: Test the effectiveness of the security controls and make any necessary modifications.

  7. Reassess Risk: Reassess the risk level associated with each vulnerability and adjust the mitigation plan as needed.

  8. Document Findings: Document the findings of the assessment in a comprehensive report.

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