What is the significance of "cyber risk management" in business continuity?
The significance of cyber risk management in business continuity lies in its role in identifying, assessing, and mitigating potential cyber threats that could disrupt operations. Effective cyber risk management helps organizations protect critical information assets and maintain operational resilience. By implementing comprehensive strategies, such as incident response plans and regular security assessments, businesses can minimize the impact of cyber incidents. Furthermore, it ensures that organizations comply with regulatory requirements, safeguarding stakeholder interests. Ultimately, proactive cyber risk management is essential for sustaining business continuity in an increasingly digital landscape.