Risk management is the process of identifying, assessing, and reducing risks faced by an organization, including cyber risks from failures of information technology systems. Cybersecurity refers to protecting networks, devices, programs, and data from attacks, damage, or unauthorized access using technologies, processes, and activities. Common cyber risks include data breaches, ransomware, network vulnerabilities, IoT vulnerabilities, and human error.
2. RiskManagement
Risk management is the process of
identifying, assessing, and reducing risks
faced by an organization.
Risk identification is the enumeration and
documentation of risks to an organization’s
information assets.
3. Cyber Risk
‘Cyber risk’ means any risk of
financial loss, disruption or damage
to the reputation of an organization
from some sort of failure of its
information technology systems.
4. What is Cybersecurity?
Cyber security refers to the system of
technologies, processes, and activities
designed to protect networks, devices,
programs, and data from attack, damage,
or unauthorized access. Computer viruses,
data hacking, network scandals, and other
virtual incidents affect not just our
information but also our lives.
