Cybersecurity risk has become a leading priority for organizations as they embrace digital transformation and leverage advanced technology solutions to drive business growth and optimize efficiencies. Additionally, many organizations are increasingly reliant on third-party and fourth-party vendors or programs. In this post, we’ll explore what cybersecurity risk is and take a look at some key cybersecurity risk factors that organizations across all industries should keep in mind as they build and refine their cybersecurity risk management strategy . What is cybersecurity risk? Cybersecurity risk refers to potential threats and vulnerabilities in digital systems. It encompasses the likelihood of a cyberattack compromising data or systems, leading to financial, reputational , or operational damage. A few examples of cybersecurity risks include ransomware , malware , insider threats , phishing attacks , poor compliance management , and more. Across industries, cy
Technology Director