What is risk identification or risk management?
This category takes into consideration all the measures to identify and manage security opportunities and dangers, which arise from business actions that can have both a negative and a positive effect on the success of the company. The objective of risk management is not to eliminate all risks; that is practically impossible. Rather, the idea is to strike an optimal balance between opportunities and risks.
Risk management is a crucial factor in determining the success of a product. Risk identification is the most important part of the risk management process. Risks can appear from different branches, and any solution that aids in identifying and managing them is worthy of being recognized.
Previous recognition for risk identification or risk management solutions
For a broader understanding of this Cloud Security Awards category, we have gathered examples from previous winners, finalists, and shortlistees which impressed the judging team with their innovative risk solutions.