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KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

Start » Dynamic Risk Assessment (Glossary)
16 October 2024

Dynamic Risk Assessment (Glossary)

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The term dynamic risk assessment is at home in the fields of cybercrime and cybersecurity, industry and Industry 4.0, and artificial intelligence. It describes a modern method where risks are assessed not just once, but continuously and in real-time. This allows new threats to be recognised quickly and responded to more effectively.

Traditionally, risks were often assessed once and then rarely reviewed. However, in an increasingly digital world where threats can change rapidly, that is no longer sufficient. With dynamic risk assessment, data is continuously collected and analysed. Systems automatically detect when the situation changes or new vulnerabilities emerge.

A vivid example: In a Industry 4.0 factory where machines are networked, it's possible for a new software vulnerability to be discovered. Thanks to dynamic risk assessment, the system immediately recognises this risk and suggests measures – for example, an update or specific protective actions.

For companies, this means increased security and the ability to react more quickly to new cyber threats or technical malfunctions. Dynamic risk assessment is an important building block for protecting modern, digitally connected work environments.

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