A cyber risk management plan evaluates your company’s current state of data security. When executed properly, a cyber risk management plan does the following:
- Identifies all of your current digital assets
- Analyzes your current cybersecurity efforts
- Recognizes and ranks potential cyber risks
- Offers a detailed plan to follow in the event of an unintended cyber issue
In essence, a cyber risk management plan both evaluates your current cybersecurity status and serves as a guide to potential future action.