Risk Mapping

Risk Mapping is a data visualization tool for communicating specific risks an organization faces. A risk map helps companies identify and prioritize the risks associated with their business. It also includes the process of identifying the risks within the environment and understanding how they impact the organization. Generally speaking knowing the likelihood that a risk could pose an issue, correlated with the impact that such risk would pose if it were to happen — will give the organization an understanding as to whether this is a risk that needs to be addressed or if it falls below that organization’s risk tolerance. When aggregated, these identified risks can be qualitatively and quantitatively assessed — providing clarity around the organization’s “true risks” and most importantly, a prioritized roadmap of what needs to be addressed by way of a cybersecurity program.

So while most companies cannot afford to address every possible cybersecurity risk scenario, by having Risk Mapping performed, it will judiciously display the risks vs. impact to determine which have the highest probability of occurring. This way companies can then invest in the right protective measures based on the highest risks that are likely to occur.

Make sure your cybersecurity program is based upon these true risks and avoid the typical “shotgun” approach that gets so many organizations into trouble from a cybersecurity and expense standpoint.

Contact Vestige to set up Risk Mapping for your company today.