Businesses Fail in Risk Modeling and Management: Report

Poor risk management leads to a slippery slope of weak prioritization, wasted resources, and unaddressed security issues. Most businesses don’t know how to quantify and manage risk, and their failures lead to repeating the same security problems and facing new, major ones.

All this comes from the FAIR Institute, a nonprofit focused on advancing risk measurement and management. The institute polled 114 professionals who identify as CISO, cybersecurity specialist, risk officer, risk analyst, and C-level exec. Its goal was to learn about the current state of risk management maturity.

Read more about the findings of the FAIR Institute survey on DarkReading.

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