Cybersecurity risk management solutions are used to gain visibility over your entire network and to understand the risks that your organization may be susceptible to. Risk management tools can cover a wide range of risks – from technological misconfigurations to data security incidents, such as credential compromise.
There are a few key features that cybersecurity risk management solutions offer in order fo help you gain this visibility. First, it is important that a risk management solution can provide you with real-time insights into your entire security posture. If the solution were only to report periodically, your network could be exposed or vulnerable for the duration of that interval; if it were only to report on parts of your network, the other parts could be compromised without you knowing. Second, solutions often use risk scores to quantify and illustrate the level of risk that you are exposed to. This will help you understand and contextualize the risk, so you can prioritize your incident response. Finally, they should offer some level of insight into how you should remediate the risk. This could be in the form of prioritizing threats for you, suggesting remediation actions, or even automating certain response processes.
In this article, we’ll cover the top cybersecurity risk management solutions. We’ll consider a range of use cases – from large, multi-national enterprises, to smaller start-ups. Some of the solutions on this list will focus more on the every-day cybersecurity risks facing your data, with other solutions focusing on managing cyberattacks. In each instance, we’ll suggest what type of organization would benefit most from the solution.