The FREE Cybersecurity Glossary by Thor Pedersen!
Use my glossary to help in your CISSP, CISM, CC, Cybersecurity certification studying.
- Risk assignment
Risk assignment: A risk mitigation strategy where an organization shifts the risk exposure to another party. This could be done through various means like contracts, insurance, or outsourcing. The intent is to manage potential business risks that could be financially damaging by transferring the responsibility of risk and its management to a third party.
- Risk Avoidance
Risk Avoidance: The strategic decision to steer clear of activities that could lead to adverse consequences. In the context of digital ecosystems, this could mean not implementing certain features, not using certain technologies, or not pursuing certain activities that are assessed to carry a high degree of risk. It's a proactive measure taken based on risk assessment results to mitigate potential threats and vulnerabilities, thereby ensuring the stability, resilience, and robustness of digital systems and networks.
- Risk-based access control
Risk-based access control: A dynamic method of controlling access to resources based on the risk associated with a user's access at any given time. This approach considers factors such as the value of the resources being accessed, the current security state of the system, and the identity or role of the user in making access decisions. This ensures that higher-risk access scenarios require stricter security measures or controls.
- Risk culture
Risk culture: The values, beliefs, knowledge, attitudes, and understanding of risk shared by a group of people with a common purpose, in this case, an organization. This includes the rules and safety measures set in place to address potential risks, as well as the attitudes towards risk-taking. An effective risk culture promotes an environment where proactive and responsible risk management is part of everyone's daily activities.
- Risk deterrence
Risk deterrence: A strategy that involves implementing measures to discourage the materialization of a risk. It's often used in the context of deterring malicious activities, such as implementing robust security systems to deter hackers. This strategy can also involve making the potential consequences of an unwanted action so severe that it discourages individuals or entities from proceeding with that action.
- Risk evaluation
Risk evaluation: The process of comparing the results of a risk assessment with risk criteria to determine whether the risk and its magnitude are acceptable or tolerable. This step is crucial in the risk management process, as it helps organizations prioritize the risks that require immediate attention or mitigation efforts.
Disclaimer: The glossary is for informational purposes only, we are not liable for any errors or omissions.
If you find any errors, please let us know.
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