Business Pitch Dictionary by pitch.dog
Enterprise risk & controls · Core

Cyber risk

Also called: cybersecurity risk

ELI5

Risk of harm from failures or attacks affecting information systems and data.

Used in conversation

“The board will ask what happens if cyber risk moves outside tolerance.”

Pitch context

You will see “Cyber risk” in board papers, contracts, policies, risk registers and compliance reports when the discussion reaches enterprise risk & controls.

Why it matters: In enterprise risk & controls, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 3

Direct term-level sources and supporting source families.