Cybersecurity Risk

Cybersecurity risk refers to the potential threats and vulnerabilities that can harm an organization's digital information and systems. In technology risk management, it's the assessment of what could go wrong, such as data breaches, hacking, or malware attacks, and the impact these incidents could have on the business. This involves identifying valuable data, understanding potential threats, and putting measures in place to protect against them. Effective management reduces the likelihood of harmful events and minimizes damage if they occur, ensuring the organization can continue to operate safely and securely.