Cyber Risk
Cyber Risk: Risk of financial loss, legal liability, reputational damage, regulatory action, operational dis- ruption, or damage from the failure of the…
Definition
Risk of financial loss, legal liability, reputational damage, regulatory action, operational dis- ruption, or damage from the failure of the digital technologies employed for informational and/or operational functions introduced to a manufacturing system via electronic means from the unauthorized access, use, disclosure, disruption, modification, or destruction of the manufacturing system.
Alternative Definitions
- Definition 2
Risk of financial loss, legal liability, reputational damage, regulatory action, operational disruption, or damage from the failure of the digital technologies employed for informational and/or operational functions introduced to a manufacturing system via electronic means from the unauthorized access, use, disclosure, disruption, modification, or destruction of the manufacturing system. SOURCE: Cyberspace Solarium Commission Final Report, 2020