This disclosure provides an apparatus and method for dynamic customization of cyber-security risk item rules. A method includes interacting with a user, by a risk manager system, to define a plurality of rules for risk items to be monitored among a plurality of connected devices. The method also includes mapping each of the rules to a corresponding one or more of the connected devices by the risk manager system. The method further includes monitoring the connected devices according to the rules by the risk manager system. In addition, the method includes displaying an output based on the rules and a status of the connected devices by the risk manager system.