Definition

online risk

Online risk is the vulnerability of an organization's internal resources that arises from the organization using the Internet to conduct business.

All organizations that conduct some portion of their business on the Internet experience some form of online risk. Vulnerable data can include personal data, information about projects or data created by systems or processes by which the organization operates.

A risk management plan can provide strategies and tools to effectively prevent and manage online risk, and to control any deviations from planned risk actions. It is becoming increasingly important for IT professionals to confront online risk, envision the effect of data loss on their company operations and devise plans to avert complications.

Contributor(s): Bianca Rawson
This was last updated in September 2013
Posted by: Margaret Rouse

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