Cybersecurity Risk

The potential for loss or damage when a threat exploits a vulnerability. In simple terms, risk is the likelihood of a cyber-incident combined with its impact. For example, the chance of a data breach (and how bad it would be) is a cyber risk.

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Small businesses use risk assessments to identify their biggest risks - like an attacker stealing customer data - and then decide how to reduce those risks. The goal isn't to eliminate risk (that's impossible) but to manage it so that the most serious threats are under control.