Risk vs Threat: The Fatal Mistake You’re Making in Your Security Strategies>
Info Sec Writeups – Medium – Cybersec_Sai
Risk and Threat are two terms that are often used interchangeably. In this article, we will see why it’s a blunder mistake to do that. Risk is a measure of the likelihood that an event will occur and the potential impact it could have. To determine the consequences, you must consider the combination of Asset Type (type of asset data, i.e., crown jewels, confidential, important, informational, etc.), number of assets, and vulnerability.

A threat is an event or activity that could cause harm or damage to an organization. A threat can be either intentional or unintentional, and it can come from a variety of sources, such as natural disasters, cyber-attacks, terrorism, or even a disgruntled employee. Likelihood of a Threats is usually evaluated by assessing the intent, capability, and opportunity of the threat actor.

While risk and threat levels are often used interchangeably, it is essential to distinguish between the two. Failing to do so can lead to inadequate risk management and mitigation strategies, resulting in severe consequences. Here are some reasons why it’s important to distinguish between risk and threat levels:

Risk and threat levels require different approaches to mitigation. Risk and threat levels use different metrics for assessment. Risk and threat levels apply to different types of hazards. Risks apply to hazards that may occur naturally or as a result of human error, while threats apply to hazards that are intentional and carried out by individuals or groups with malicious intent. Failing to distinguish between these two types of hazards can result in inadequate risk management strategies that fail to address the unique characteristics of each type of hazard.
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