“Not only do we need to understand what risks might exist, but we need to understand what impact that might have. That goes into both the chance that they're going to happen and the chance that they're going to be successful in creating damage, and then also the likely damage that's going to happen from them.” - Michael Magyar
This episode serves as a comprehensive guide for listeners looking to gain a better understanding of risk management, compliance, and general cybersecurity practices. Michael encourages a proactive approach to risk assessment and management to enhance organizational cybersecurity with actionable advice.
What you’re learn:
Why risk management is proactive and crisis management is reactive, and how to approach both from a preparation standpoint.
What components of risk management realistically fall under compliance, and why understanding this helps you mitigate potential risk.
How to start small with risk assessment to identify possible risks and how they might impact your business to build a foundation for effective risk management and cybersecurity practices.