Risk Management for Cyber Security Managers - Types of Risks

The video discusses various business risks that companies face, emphasizing the importance of understanding these risks from a business perspective in cyber risk management. It covers operational, strategic, financial, reputational, and compliance risks, providing examples and explaining their implications. The video highlights the need for cybersecurity managers to manage risks considering budget constraints and the potential impact on company reputation and legal compliance.

How can a company's reputation be affected by cyber security incidents?

What does compliance risk refer to, and why is it significant for businesses?

Summarize the different types of risks involved in cyber risk management from a business perspective.