What is the significance of threat modeling in cybersecurity risk management?

Threat modeling plays a crucial role in helping organizations identify and mitigate cybersecurity risks proactively by systematically analyzing and identifying potential threats and vulnerabilities in a system or application. It helps organizations prioritize security efforts by focusing on the most significant risks, thereby enabling them to design and implement effective security controls to mitigate these risks before they can be exploited by attackers. Ultimately, threat modeling enhances an organization’s ability to anticipate, prevent, and respond to cybersecurity threats, thus improving overall cybersecurity posture.