Vulnerability Risk Assessment

It involves the processes, procedures, and tools used to detect, analyse, contain, mitigate, and recover from security breaches or incidents to minimise their impact on the organisation’s operations and data.

THE RISK ASSESSMENT PROCESS

Determine Likelihood of Exploitation

Assess the likelihood of each threat exploiting the vulnerabilities identified in the previous steps. Consider factors like the current security measures in place, historical incidents, and external threat intelligence

Evaluate Exploitation Probability

Combine the information gathered in the previous steps to calculate the risk level for each potential threat-vulnerability pair. This ismusually done using a risk matrix, where the risk is classified as low, medium, or high, based on the impact and likelihood scores.

Tools and Technologies for Risk Assessment

Vulnerability Scanning Tools: Vulnerability scanning tools are automated software that scan networks, systems, and applications to identify known vulnerabilities.

Identify Threats and Vulnerabilities

This is the foundational level necessary for cybersecurity teams to function adequately within their country and collaborate globally. It establishes a basic degree of maturity, requiring teams to have a solid foundation in mandate, constituency, authority, and a functional incident handling process. Parameters are set at a level suitable for foundational maturity.


Assess Potential Impact

Determine the potential impact that each identified threat could have on your organization if it successfully exploits a vulnerability. Impact assessment involves evaluating the severity of consequences, such as financial losses, data breaches, system downtime, legal implications, and damage to reputation.


RISK ASSESSMENT FRAMEWORKS

CyberWissen makes sure that we are conducting the risk assessment according to pre-defined standards and frameworks


  • NIST Cybersecurity Framework
  • ISO/IEC 27001
  • CIS Critical Security Controls
  • COBIT (Control Objectives for Information and Related Technologies)

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