Managing cybersecurity within organizations typically relies on careful consideration and management of its risks. By following an iterative—often sequential—risk management process, an organization’s exposure to risks can be assessed by weighing organizational digital asset values against the probability of being harmed by a threat [29]. However, this approach has been criticized for reflecting only a snapshot of the organization’s assets and threats. Furthermore, identifying threats and the ability to remain updated on current threats and vulnerabilities are often dependent on skilled and experienced experts, causing risks to be primarily determined based on subjective judgment [46]. Nevertheless, this also poses a challenge to organizations that cannot stay up-to-date with what assets are vulnerable or attain personnel with the necessary experience and know-how to obtain relevant information on cybersecurity threats towards those assets [8, 30, 37].
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