What a historic year 2020 turned out to be. With a raging pandemic, good-ole American ingenuity saw companies large and small revolutionizing ways of doing business. Although remote worker technology has been around for years, transforming on such a massive scale also had an unintended consequence; an increase in business Read more…
Cyber risk commonly refers to any risk of financial loss, disruption or damage to the reputation of an organization resulting from the failure of its information technology systems. These risks can materialize in a number of ways, such as:
– Deliberate and unauthorized breaches of security to gain access to information systems.
– Unintentional or accidental breaches of security.
– Operational IT risks due to factors such as poor system integrity.
Poorly managed cyber risks can leave you open to a variety of cyber-crimes. Consequences range from data disruption to economic destitution. In many cases, businesses will also find themselves in the middle of legal and public relations nightmares, struggle to recover lost assets and prevent further theft.