What does cybersecurity risk management entail?

Cybersecurity risk management involves identifying and prioritizing risks to an organization's information systems and data. This process is crucial because it allows organizations to understand where their vulnerabilities lie and the potential impacts of those vulnerabilities being exploited. By assessing these risks, organizations can determine how to allocate their resources effectively to mitigate those risks and protect sensitive data.

Identifying risks includes recognizing potential threats that could exploit vulnerabilities, while prioritizing them enables organizations to focus on addressing the most significant risks first. This systematic approach helps in developing strategies to reduce the likelihood of security breaches and prepares organizations to respond more effectively to incidents.

In contrast, the other options do not adequately capture the essence of cybersecurity risk management. Listing security measures without assessment fails to address the broader context of potential threats. Accepting risks without analysis undermines the foundation of informed decision-making needed in cybersecurity. Lastly, eliminating all technologies that are not secure is impractical and overly simplistic, as many technologies can be secured or adapted rather than entirely discarded.