Risk tolerance is about an organisation’s ability to withstand losses, while risk appetite focuses on its willingness to take calculated risks.
In today’s hyper-connected world, where our personal and professional lives are intricately woven into the digital fabric of cyberspace, cybersecurity has never been more critical. The rapid proliferation of technology has ushered in unprecedented opportunities for innovation and collaboration, but it has also opened the door to a growing menace: cyber threats and attacks.
As we navigate this digital landscape, we find ourselves constantly under siege from an ever-evolving army of cybercriminals, hacktivists, and state-sponsored actors. These adversaries are relentless in their pursuit of sensitive data, financial gain, and disruption of vital services. The frequency and sophistication of cyber threats and attacks have reached alarming levels, making headlines around the world with devastating consequences for individuals, businesses, and governments alike.