![]() In this paper, we propose a cyber and privacy risk management toolkit, called AMBIENT (Automated Cyber and Privacy Risk Management Toolkit) that addresses the above challenges by implementing and integrating three distinct software tools. Furthermore, a Privacy Impact Assessment (PIA) is conducted in a proactive manner during the design phase of a system, combining processing activities and their inter-dependencies with assets, vulnerabilities, real-time threats and Personally Identifiable Information (PII) that may occur during the dynamic life-cycle of systems. In fact, cyber risk assessment is decoupled from privacy impact assessment, which aims to detect privacy-specific threats and assess the degree of compliance with data protection legislation. In addition, cyber risk assessment primarily investigates cyber risks as the consequence of vulnerabilities and threats that threaten assets of the investigated infrastructure. While a number of risk assessment methodologies and software tools are available, it is most often the case that one must, at least, integrate them into a holistic approach that combines several appropriate risk sources as input to risk mitigation tools. Addressing cyber and privacy risks has never been more critical for organisations.
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