Risk Management: All You Need To Know | Zerto

Risk Management

A-to-Zerto Glossary of Terms

BACK TO THE GLOSSARY

Overview

Risk management, in the context of IT, refers to the process that your organization implements to prevent disruptive events, such as ransomware attacks or other cyber-threats, from occurring—or to minimize their impact when they do. The goal of risk management is true business continuity with always-on availability.  

What Is Risk Management ?

A risk is any event that might affect your organization’s goals and objectives, whether positively or negatively. In risk management, a risk is a potential event that will have a negative effect on those objectives. In terms of cybersecurity, a risk is any possible event that could result in the damage or exposure of your data assets and operations. Managing such risks successfully requires developing an effective process or strategy.

Why Invest in Risk Management?

Following with the example of cybersecurity, cybersecurity risks are at an all-time high. Ransomware attacks, for example, have been escalating for years, as hostage-takers increasingly release malicious code to wreak havoc on businesses. When a ransomware attack hits an organization, their vital data gets encrypted and becomes inaccessible until the ransom is paid. 

Recovering from the attack could cost millions in reputation and lost revenue. Risk management recognizes cybersecurity threats and plans ahead. Having an informed and effective strategy ready to go in response to cybersecurity threats greatly increases your organization’s resilience.

The 7 Stages of a Ransomware Attack

A Resilient Approach to Ransomware

Zerto and Risk Management

Zerto empowers your organization to transition to a cyber-resilient approach that helps ensure always-on service. As you develop a risk-management process and culture, Zerto allows you to focus on resilience instead of mere prevention. 

Zerto is a recovery solution that guarantees access to your data without gaps or data loss. In the event of a cyber-attack, your operation is back up and running without delays. By relying on continuous data protection with Zerto, you can ground your risk management on journal-based recovery, giving you the ability to rewind your servers and continue operations seamlessly and with confidence.

Remain Resilient at All Times with Zerto

Other Resources

LATEST FROM ZERTO SEE ALL

Business Resilience

Risk management aims at ensuring business continuity and ultimately helps to make a business resilient.

The Key Components of a Business Continuity Plan (BCP)

Learn about the essential elements that should be part of any serious BCP.

Beat Ransomware with Recoverware

See how a focus on recovery changes the outcome of ransomware attacks. That is part of risk management.

What is Zerto?

Learn about the Zerto platform and how it can help you solve your data protection and recovery challenges.