Security Risk Management (SRM) model

Security Risk Management (SRM) is a systematic process organizations use to identify, evaluate, and address potential threats to their assets, such as data, personnel, or physical resources. It involves understanding what risks exist, assessing their likelihood and impact, and implementing measures to reduce or manage those risks effectively. The goal is to protect the organization’s valuable assets while balancing security needs with operational efficiency. SRM helps organizations make informed decisions about where to invest in security, ensuring proactive steps are taken to minimize vulnerabilities and respond effectively to potential security challenges.