What is the Definition of Cyber Security Risk Assessment?

Cybersecurity risk assessment is the process of identifying, analyzing, and evaluating potential cybersecurity risks to an organization's assets, systems, and data. It involves systematically identifying and categorizing threats and vulnerabilities that could compromise the confidentiality, integrity, or availability of information assets. This assessment considers the likelihood of these threats exploiting vulnerabilities and the potential impact on the organization if they occur. 

Additionally, it evaluates existing security controls and their effectiveness in mitigating identified risks. The ultimate goal of cybersecurity risk assessment is to provide organizations with actionable insights to prioritize and implement appropriate risk mitigation measures, ensuring the security and resilience of their digital assets against cyber threats.

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