Cyber Risk Appetite: Defining and Understanding Risk in the Modern Enterprise

Managing risk is a balancing act for organizations of all sizes and disciplines. While some organizations take on too much risk, others arguably do not take on enough. Complicating this equation is the emergence of cyber as one of the most impactful sources of risk in the modern enterprise. In fact, cyber security is now increasingly reviewed by corporate boards of directors and often discussed with financial analysts who see cyber security risk as an imminent and paramount business risk. Because the consequences of cyber security failures can be damaging to business revenues and brand reputation, CEOs have lost their positions as a result of data breaches and inept preparation and planning.

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