What is Cybersecurity Risk Tolerance?
Risk tolerance indicates how much financial impact your company can withstand after a harmful event. Risk tolerance is your response to an event after it has occurred.
Why Does Your Risk Tolerance Matter?
A realistic understanding of the affect an adverse event can have is fundamental to your cybersecurity protection. Your
risk tolerance is aligned with your risk appetite to create the right security balance.
What Happens Next?
We recommend that you complete both the
Risk Appetite Assessment and Risk Tolerance Assessment. Together these metrics find the sweet spot, the right balance, for your company.
Keep in mind that these short assessments are only the beginning of your cybersecurity planning. There is no easy, fast, one-size-fits-all answer. Creating, implementing, monitoring, and modifying your cybersecurity protection is a process, not a one-and-done checklist.
You'll receive your free ebook
After the Risk Assessments-Next Steps. We'll help you decode your risk scores along with practical insights and action items that are right for you.