As more business operations shift to digital it becomes too time consuming to tackle all of an organization’s high-priority threats. Traditional approaches to threat modeling can be very effective, but they don’t scale well enough in the current computing and threat landscape. Threat modeling involves stepping back from the daily grind of security to get perspective on your systems, assess network and digital resources, identify vulnerabilities within the context of the threat landscape and prioritize plans that cover protection, response, remediation, and recovery.
Source: https://www.helpnetsecurity.com/2021/06/30/threat-modeling-process/