Cyber Security Risk

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1. Cyber security risk refers to the potential impacts that an organisation can suffer from a cyber security attack that has affected their information assets, disrupting business operations.

Notes (1): Cyber Security Risk is used interchangeably with Cyber Risk
Related Term: Cyber Security Attacks; Cyber Security Incident Response; Cyber Security Threats; Cyber Security Incident

(Source: Business Continuity Management Institute - BCM Institute)


2. Cyber risk is commonly defined as exposure to harm or loss resulting from breaches of or attacks on information systems. However, this definition must be broadened. A better, more encompassing definition is “the potential of loss or harm related to technical infrastructure or the use of technology within an organization.” (RSA, 2013)
Source: (RSA, 2013)

3. Cyber risk is any risk or financial loss, disruption, or damage to the reputation of an organization from any type of failure within their information technology systems.
Source: (University of Connecticut, 2016)