ExisorWhat is TPRM? Third-party risks are the potential risks that arise from organizations relying on outside parties to perform services or activities on their behalf. Third-party risk management (TPRM) is the process through which an organization manages the risks associated with having outside parties performing services or activities on their behalf. The use of third-party […]
What are Cybersecurity Risk Assessments? There are several tools available for assessing both specific and broad cybersecurity risks. Consider performing risk assessments at the organizational level as well as subscribing to alerts regarding larger-scale threats. The following risk assessment may be used to classify risks to systems in your organization1: The Center for Internet Security […]
What is Enterprise Security Risk Management? Enterprise Security Risk Management (ESRM) is a strategic approach to security management through the use of risk management principles. This management philosophy can be applied to any area of security and any task performed by security, such as physical security, cybersecurity, information security, investigations, loss prevention, organizational resilience, brand […]
What is Cybersecurity Risk Management? Organizations face many varieties of risk. The Office of Management and Budget (OMB) defines risk as “the effect of uncertainty on objectives”.1 “Enterprise risk” refers to the effect of uncertainty on enterprise mission and business objectives, and managing these risks is referred to as enterprise risk management (ERM). ERM is […]