Monday, August 10, 2020

What is RISK in business?



We often talk about risk of cyber security or breach of our data. But what is risk in business?

Let's look at the definition of what RISK is all about in our business!
Risk is the possibility of losing some or all of your original investment and it exist when assets, vulnerability and threat are intercepted and can be managed through risk management! When a threat meets vulnerability, a risk occurs and it can damage your organization’s assets! Assess your risks. mitigate and transfer your risks to minimize your vulnerabilities and financial burden! As often as we discuss "risk", it's important to have an accurate definition of the word! Risk exist when there's a chance to lose assets when vulnerability and threat intersect Assess and mitigate your risk. Protect your business...secure your future

~
Sharmeen Rehman
BlackFire Cyber Insurance


No comments:

Post a Comment

What is RISK in business?

We often talk about risk of cyber security or breach of our data. But what is risk in business? Let's look at the definition of what R...