Introduction
Security Risk Management (SRM) is a systematic approach to identifying, assessing, and mitigating security risks within an organization. It goes beyond traditional security measures by integrating risk management principles into every aspect of security operations.
Key Components
An effective SRM program includes:
- Risk Identification - Discovering potential threats and vulnerabilities
- Risk Assessment - Evaluating the likelihood and impact of identified risks
- Risk Prioritization - Ranking risks based on their potential business impact
- Risk Mitigation - Implementing controls to reduce or eliminate risks
- Continuous Monitoring - Ongoing assessment and adjustment of security posture
Why SRM Matters
Traditional security approaches often focus on compliance checkboxes rather than actual risk reduction. SRM shifts this paradigm by:
- Aligning security investments with business priorities
- Enabling data-driven decision making
- Providing measurable security outcomes
- Reducing overall security costs through prioritization
How Scapien Helps
Scapien's iPAS platform transforms traditional penetration testing into continuous Security Risk Management by validating vulnerabilities, providing business context, and delivering actionable remediation guidance.