Cyber security risk refers to the potential for harm or loss resulting from vulnerabilities in digital systems, networks, or data. It encompasses threats and vulnerabilities that could lead to unauthorized access, disruption, alteration, or destruction of information assets. These risks can arise from various sources, including malicious actors, software flaws, human error, or natural disasters.
In essence, cyber security risk is the likelihood that an organization or individual will experience adverse effects due to threats exploiting vulnerabilities in their digital infrastructure.