Does risk awareness and risk management make a difference?

Despite an increasing inevitability of cyber attacks, risk awareness and risk management are vital in protecting an organisation’s assets from threats. These measures strive to understand the company’s level of risk and put in place strategies to mitigate consequences. Factors crucial for effective risk policies include staff education, ongoing communication, and securing systems and applications. Precise measurement of the effectiveness of risk awareness is challenging, though regular risk comprehension testing coupled with behavior evaluations can offer some gauge of impact.