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Understanding Impact Assessment in Cybersecurity: A Deep Dive

In this video, I tackle the questions: Does impact assessment exist in cybersecurity, and how is it conducted? I break down the fundamental formula of cybersecurity risk, which includes threat, vulnerability, and impact. The different types of impact—financial, reputational, and operational—and how to classify them. Discover the importance of context in impact analysis across device-level, application-level, and organizational-level ecosystems.

00:00 Introduction and Viewer Questions
00:08 Understanding Impact Assessment in Cybersecurity
00:33 Breaking Down the Impact Formula
01:10 Contextualizing Impact in Cybersecurity
01:54 Layers of Impact Analysis
03:32 Operational, Financial, and Reputational Impact
05:12 Standalone vs. Integrated Impact Assessment
05:37 Conclusion and Final Thoughts

Cyber Risk Assessment - 3-Step Framework: https://www.execcybered.com/ECE/3-step-framework-sp/3-step-framework/

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It's a common, yet unsettling, scenario in cybersecurity risk assessment: discovering a crucial component was overlooked after an assessment is complete. The question often arises: "How do you handle missing risks in a risk assessment? What can you do in the situation, and how can you prevent this from happening again?"

Let's unpack this compound query, focusing on mission-based cyber risk management and practical prevention strategies.

Dr. B.

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As cybersecurity professionals, we often dive deep into the intricacies of networks, code, and vulnerabilities. We assume that identifying assets, scanning for weaknesses, and generating reports are the core of cybersecurity risk assessment. But if you've ever spent a day in a corporate environment, you know the biggest challenge isn't the technology; it's the people.

Today, let's explore two critical points: how we got here and, more importantly, how we get out of it.

Dr. B.