Small and Midsize Business 4 Risk Management Pillars

NIST has developed a cybersecurity risk management framework that addresses the issue as a comprehensive process that requires organizations to:

1. Frame risk
2. Assess the vulnerabilities
3. Respond to risk once determined
4. Monitor risk on an ongoing basis

These four pillars must be addressed by all small and midsize businesses. A small and midsize business (SMB) is a business that, due to its size, has different IT requirements — and often faces different IT challenges — than do large enterprises, and whose IT resources (usually budget and staff) are often highly constrained.

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Author: Dr. Bill Souza | Jul 6, 2022