In July 2020, Twitter was hacked by targeting a group of employees with internal system access, which resulted in a loss of $117,000 to users who had sent money over bitcoin at that time. Many of Zoom’s security flaws were exposed once its user base increased - most of which Zoom hadn’t anticipated. In April 2020, video communication app Zoom’s stock prices dropped from $159.56 to $111.41. The end product of threat modeling is a robust security system. The aim of the threat modeling process is to get a clear picture of various assets of the organization, the possible threats to these assets, and how and when these threats can be mitigated. A threat refers to any instance where an unauthorized party accesses sensitive information, applications, or network of an organization. Threat modeling is the process of analyzing various business and technical requirements of a system, identifying the potential threats, and documenting how vulnerable these threats make the system. Top 7 Best Practices for Threat Modeling in 2021.This article covers what threat modeling is, the five steps involved in the process, and seven best practices for threat modeling in 2021.

It is usually done while designing a product or a new feature to avoid the costs of security breaches in the future. Threat modeling is defined as the process of proactively identifying and addressing potential threats to an organization’s systems based on inputs from both business and technical stakeholders.

Microsoft threat modeling tool examples