Risk Management is a flexible and tailorable multi-step approach that blends cybersecurity, privacy, and supply chain risk management activities into the system development life cycle. It involves knowing the organizational risk, assessing the threat to industrial operations and the ecosystem, and taking appropriate steps to control the threat factor. By learning about their risks, organizations can better build their cybersecurity posture, take steps to mitigate the risk, or simply ignore the threat factor.

Compliance involves acting in accordance with industry standards and guidance. Compliance often brings about organizational changes as vulnerabilities and threats evolve and the cybersecurity landscape shifts. It also delivers greater confidence within the operational environment, as with the strengthened infrastructure, it is more challenging for cyber threats to penetrate and disturb the day-to-day operations of various teams and individuals.