Cyber Risk Management: The Key to Digital Dominance
Risk management involves understanding, analysing and addressing risks in order to reduce them to an acceptable level (think agreeable agony), or fully eliminate them. As a practice, risk management seeks to protect your business from potential hazards without hindering business growth.
Risks are implicit in doing business. Many types of risk can affect your business including IT, operational, financial, legal, regulatory, political and strategic risks. Most can present opportunities as well as threats, and affect your ability to achieve your business objectives.
In this inforgraphic I’ve described for you the various aspects of the information systems (ISs) that help you achieve your business goals and provided pointers to the resources that will help you manage risk for those IS assets and components.
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