Threat Management is still a relatively new concept; there is no industry standard definition for it. In fact, the few people who are talking about it right now tend to view it from at least two very different perspectives – one a product focused approach to unifying perimeter security tools and two, a practice-focused management paradigm. As it evolves, Threat Management will eventually encompass both of those perspectives and will likely become perhaps the single most important element within any given Cyber Security solution.