Impact of Cybersecurity Risk on the Valuation of Businesses
If you own or are starting a business today, there is a new risk that you need to take into account in your business plan. Cybersecurity Risk. What is Cybersecurity Risk? Cybersecurity risk is the probability of a cyber attack or data breach on your organization. Organizations are becoming more vulnerable to cyber threats due to the increasing reliance on computers, networks, programs, social media and data globally. Data breaches, a common cyber attack, have massive negative