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How Do You Define Risk in Cyber Security?

In cybersecurity, risk is the potential for harm or loss from exposing digital assets or information to threats and vulnerabilities. It encompasses the likelihood of a security incident and its potential impact on an organization. Two key components typically define risk in cybersecurity:

  • Threats: Potential dangers or harmful events can exploit vulnerabilities in your digital systems. Threats can include malware, phishing attacks, insider threats, and more. Understanding the various threats facing your organization is crucial to assessing risk.
  • Vulnerabilities: Vulnerabilities are weaknesses or gaps in your cybersecurity defenses that threats could exploit. These can be related to software flaws, misconfigurations, weak passwords, or any other aspect of your IT infrastructure that could be targeted.

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