Digital Risk Glossary
Definitions for digital risk, cybersecurity, data protection, and business continuity terms used across this site.
B
Business Continuity
A business's ability to maintain essential functions before, during, and after a disruptive event, including cyberattacks, system failures, or natural disasters.
C
Cyber Risk
The potential for financial loss or operational disruption from attacks on or failures of digital systems, networks, and data.
D
Data Breach
Any unauthorized access to, disclosure of, or loss of protected personal or business data, regardless of whether the cause was malicious.
Digital Risk
The potential for financial, operational, or reputational harm arising from a business's use of digital technology, platforms, and data.
R
Ransomware
Malicious software that encrypts a victim's files and demands payment (usually in cryptocurrency) in exchange for the decryption key.