Business risk: The potential for loss, damage, or destruction of an organization’s value—be it in terms of physical or non-physical assets—caused by internal or external vulnerabilities that may prevent it from achieving its objectives. Such risks can arise from various factors, including financial uncertainty, strategic management decisions, legal liabilities, accidents, and natural disasters. Ensuring adequate security measures are in place to protect an organization’s data and assets is a critical component of business risk management.
Categories: CC D1: Security Principles | CCSP D6: Legal - Risk and Compliance | CISM D2: Information security risk management | CISSP D1: Security and Risk Management | Security+ D5: Security Program Management and Oversight | SSCP D3: Risk Identification Monitoring and Analysis
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