What is digital risk?
Digital risk is the potential for financial, operational, or reputational harm arising from your business's use of digital technology, platforms, and data.
Digital risk covers any threat or vulnerability that stems from your business's dependence on digital systems. This includes active threats like cyberattacks and data breaches, as well as systemic risks like platform dependency, SEO volatility, and AI liability.
Unlike traditional business risk, digital risk is often invisible until it materializes. A server misconfiguration, a successful phishing attempt, or an algorithm change can cause serious damage with little warning and no physical evidence of the problem.
The major categories of digital risk include digital risk strategy, data breaches, website risk, AI risk, business continuity, and related subtopics such as cyber threats.