Cyber risk

From ACT Wiki
Jump to navigationJump to search

Operational risk management.

The risk of a failure of cyber security, or the potential consequences of such a failure.

Sometimes written 'cyberrisk'.

Single point of failure

"An outage at a key supplier caused by a cyber breach could lead to significant damage to profit and even to reputation longer term.
Treasurers should look at third parties and partners, and ask who the business is dependent on.
Would a single point of failure represent a significant risk?"
The Treasurer magazine, August 2018, p13.

See also

Other links

Why humans are the weakest link in cybersecurity, The Treasurer Web exclusive, 2019