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This video explores the critical concept of cyber risk, a fundamental element of any cybersecurity strategy. We'll delve into the relationship between threats, potential malicious actors or events that exploit weaknesses in your systems, and vulnerabilities, the very weaknesses that create opportunities for these threats to cause harm.
By understanding how these elements interact, you'll gain a deeper appreciation for cyber risk. This risk encompasses not only the likelihood of a successful attack but also the potential consequences it can have on your organization. These consequences can be severe, ranging from financial losses due to stolen data or system downtime, to reputational damage from data breaches, and even operational disruptions impacting productivity and profitability.
Understanding cyber risk empowers you to take proactive steps and safeguard your business.