Author: Malini Rao, Global Head-Cybersecurity & GRC Operation, Medtronic
With the increase in usage of network and cloud technology, and growth of remote employment, organizations are now facing a greater risk of getting targeted by hackers. Startups, small-scale enterprises, banks, and corporate global organizations, every company faces challenges in managing their cybersecurity risk. Cybersecurity risk management takes the idea of real-world risk management and applies it to the cyber world. It involves identifying your risks and vulnerabilities and applying administrative actions and comprehensive solutions to make sure your organization is adequately protected.