What is Cybersecurity

Key Takeaways

now let's uh start the second main category of the risks that Financial Services institutions face and that is cyber security risk we will discuss the concept of cyber security and we will understand the cyber security risk and we will also uh learn about the cyber security risk management process and the steps that are involved in the cyber security risk management so first of all uh we have to uh understand what is cyber security cyber security means measures or processes that are adopted and implemented by the financial services institutions and the purpose is to ensure that the critical assets information data and systems are protected and the protection is to be made from uh the unauthorized access and the access may be taken by the criminals who may be the uh hackers or some digital fraudsters so cyber security measures ensure that Financial Services institutions assets information data and resources are protected from cyber attacks or from unauthorized access to the systems of data