As noted above, cyber risk management is about the digital part of information security risk management. If there is plenty of information on securing your information assets, it is possible to drown in information about managing cyber risks. There are, however, several commonly used ways of approaching the management of cyber risk and we will investigate these.

Issues around cyber risk

Perhaps the most important issue in cyber risk is the acceptance by senior management and the board that the firm is a desirable target. After all, it happens to other people doesn’t it? We don’t have anything that people are interested in, do we? Industrial espionage is hardly likely to apply to us, is it?

Of course, cyber risk is not ...

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