The Risk Threat Vulnerability Equation
Risk = Threat + Vulnerability
The Risk Threat Vulnerability Equation is a commonly used formula in cyber risk management to identify and prioritize the risks organizations face. This model illustrates that if one aspect of risk, such as threat or vulnerability, can be brought down to a manageable level, the value of risk as a whole also gets reduced. Listed below are the expanded definitions of each part of the formula:
- Vulnerability: A vulnerability is a weakness that hackers can potentially exploit
- Threat: A threat is something that could exploit a vulnerability and which has already happened elsewhere
- Risk: A risk is the potential of a threat exploiting a vulnerability and causing damage to you/your business
While threats and vulnerabilities present themselves in different ways, they represent critical aspects of the cyber risk management process. This model helps businesses balance their defensive and offensive risk management strategies to keep their critical systems safe. Vulcan helps companies strike this balance by providing contextualized priorities, remediation intelligence, and orchestrating remediation campaigns to mitigate cyber risk. Visit Vulcan today to learn how you can get fix done efficiently and at scale.