Understanding Key Terms in Risk Management – Noam HAKOUNE

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Risk management is a dynamic process that must move beyond Excel spreadsheets and integrate into the daily workflows of an organization. Here are the 8 key concepts to establish a clear and actionable risk management approach:

1. 🛡️ Asset: What needs protection?

2. ⚔️ Threat: Who could attack us?

3. 🕳️ Vulnerability: How could they breach us?

4. ⚠️ Risk: What could happen?

5. 💥 Impact: What would we lose?

6. 🎯 Likelihood: How probable is it?

  1. 🧰 Security Controls: What defenses do we implement?
  2. 🌪️ Residual Risk: What risks remain despite controls?

You Should Know:

1. Asset Identification (Linux/Windows Commands)

To identify critical assets, use:

  • Linux:
    sudo lshw -short  List hardware assets 
    df -h  Check disk usage 
    netstat -tuln  List active network services 
    
  • Windows:
    systeminfo  System details 
    Get-WmiObject Win32_LogicalDisk | Select-Object DeviceID, Size, FreeSpace 
    

2. Threat Detection

Monitor threats with:

  • Linux:
    journalctl -u sshd -f  Real-time SSH logs 
    sudo fail2ban-client status 
    
  • Windows (PowerShell):
    Get-WinEvent -FilterHashtable @{LogName='Security'; ID=4625}  Failed logins 
    

3. Vulnerability Scanning

Use tools like:

  • Nmap (Network Scanning):
    nmap -sV --script vuln <target_IP> 
    
  • OpenVAS:
    openvas-start  Launch OpenVAS scanner 
    

4. Risk Assessment

Calculate risk exposure:

  • Qualitative:
    Use frameworks like FAIR or NIST SP 800-30 
    
  • Quantitative:
    Tools like RiskLens or manual impact scoring 
    

5. Security Controls (Mitigation)

Implement defenses:

  • Linux (Firewall):
    sudo ufw enable 
    sudo ufw deny 22/tcp  Block SSH if unnecessary 
    
  • Windows (Defender):
    Set-MpPreference -DisableRealtimeMonitoring $false 
    

6. Residual Risk Monitoring

Track remaining risks:

  • SIEM Tools (ELK Stack):
    sudo systemctl start elasticsearch 
    
  • Windows Event Forwarding:
    wecutil qc /q 
    

What Undercode Say:

Effective risk management requires continuous monitoring, automation, and integration with business processes. Use tools like NIST CSF, ISO 27001, and MITRE ATT&CK to align security with organizational needs.

Expected Output:

A structured risk management workflow with automated checks, real-time monitoring, and actionable mitigation steps.

( extracted from LinkedIn post, expanded with practical cybersecurity commands and methodologies.)

References:

Reported By: Noam Hakoune – Hackers Feeds
Extra Hub: Undercode MoN
Basic Verification: Pass ✅

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