While applying dynamic risk assessment to software development can mitigate cybersecurity risks, it requires a combination of quantitative and qualitative approaches to accurately assess these risks. Common software risks include downtime, bugs, user interface issues, and security breaches, which can have severe consequences for businesses. Organizations can use tools like Snyk and Datadog to measure and mitigate these risks through automated risk management, creating a common language and framework for scoring the impact of software security risks. By setting a risk budget and using dynamic risk assessments, business leaders can drive decision-making and produce better software products without introducing unnecessary risk.