What type of risk management is established under Requirement 6.1?

Requirement 6.1 emphasizes the importance of identifying security vulnerabilities within a system and assigning a risk ranking to them. This process involves conducting assessments to uncover vulnerabilities, evaluating their potential impact on the organization, and prioritizing them based on the level of risk they pose. By assigning a risk ranking, organizations can focus their remediation efforts on the most critical vulnerabilities, thereby enhancing their overall security posture.

This approach is crucial because it acknowledges that not all vulnerabilities are equally dangerous. By systematically identifying and ranking risks, organizations can allocate resources more efficiently and effectively handle them. This process supports an informed decision-making framework that allows for effective risk management and prioritization, which is essential in maintaining robust security standards.