Cybersecurity risk is
|“||[t]he risk to organizational operations (including mission, functions, image, reputation), resources, and other organizations due to the potential for unauthorized access, use, disclosure, disruption, modification, or destruction of information and/or IT and ICS.||”|
"The risks associated with any attack depend on three factors: threats (who is attacking), vulnerabilities (the weaknesses they are attacking), and impacts (what the attack does). The management of risk to information systems is considered fundamental to effective cybersecurity."
"Similar to financial and reputational risk, cybersecurity risk affects a company's bottom line. It can drive up costs and impact revenue. It can harm an organization's ability to innovate and to gain and maintain customers."