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Cybersecurity Risk Assessment is a systematic approach that helps to find, assess, and reduce threats to an organization’s digital assets. It not only guarantees legal compliance but also improves your security posture. It is a continuous process that safeguards your company from changing threats rather than a one-time activity. By following the five basic steps of identifying assets, identifying vulnerabilities, assessing risk level, identifying threats in priority order, and taking affirmative steps to alleviate the risk.