The Unexpected Role of Impact in Cybersecurity Risk – A Must Know!

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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/