What is "Cyber Risk" primarily the result of?

Cyber risk is primarily the result of interactions with information technology. This encompasses the various ways in which individuals and organizations engage with digital systems, networks, applications, and the broader internet. Such interactions create vulnerabilities that can be exploited by malicious actors, leading to data breaches, loss of sensitive information, or other cyber incidents.

As organizations increasingly depend on technology for their operations, the potential risks associated with those technologies grow. This includes the use of software applications, cloud services, and interconnected systems that, if not properly secured, can expose enterprises to valuable data being compromised. Understanding that cyber risk stems from these interactions emphasizes the importance of implementing strong security measures and maintaining vigilance in digital practices to mitigate potential threats.

While legal concerns, personal negligence, and outdated policies can contribute to the overall risk landscape, the fundamental source of cyber risk lies in how people and systems engage with and utilize technology.