What does "contextual risk" evaluate in security assessments?

"Contextual risk" evaluates risks based on environmental and business changes. This concept recognizes that the risk landscape is dynamic and can be influenced by various factors such as changes in the organization’s environment, market conditions, regulatory landscapes, or internal business operations. By focusing on contextual factors, security assessments can identify vulnerabilities and threats that are directly relevant to the current operating environment, enabling organizations to tailor their security measures accordingly.

Understanding the environmental and business context allows assessors to prioritize risks that may not be apparent if solely relying on static or historical data. This approach ensures that security strategies remain effective in a rapidly changing context, addressing risks that could impact an organization's objectives and resilience. By integrating this contextual evaluation, organizations can be more proactive and responsive to emerging threats.