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How an Asset Inventory Improves The Five Essential Steps of a Risk Management Program

A modern asset inventory is crucial to effective risk management processes, aiding in risk identification and control. As cyber threats become more complex and costly, an asset inventory provides a comprehensive view of an organization’s IT environment, revealing potential vulnerabilities. The five-stage risk management process involves risk identification, assessing potential impacts, prioritising risks by business function importance, mitigating risks, and ongoing updating and monitoring of the IT environment.

Source: www.cybersecurity-insiders.com –

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