Risk Mitigation

Risk mitigation forms a critical part of any organization's cybersecurity strategy. This chapter delves into the fundamentals of understanding and developing effective risk mitigation strategies, from choosing the right controls to implementing them effectively. It explores methods to mitigate interconnectivity risks and the application of user security controls. Policies, standards, and procedures articulate an organization's expectations concerning its security posture. Asset management processes are crucial in maintaining the asset inventory and classification. Asset risk assessment is a vital part of the asset management process. Interconnectivity risks extend to using Application Programming Interfaces, as they form the bridges connecting disparate systems and services. User controls are vital to an organization's overall security framework as they manage the potential risks arising from users of its systems and data. A robust change management process is a critical risk mitigation strategy that can have profound implications for the organization's resilience and long‐term success.