Integrating Catastrophe Models into Cyber security Risk Management: Assessing theImpact of Cyber Attacks on Business Continuity
DOI:
https://doi.org/10.69996/ijari.2024004Keywords:
Catastrophe Models, Cybersecurity Risk Management, Business ContinuityAbstract
The effect of cyberattacks on company continuity can be better understood by looking at how catastrophe models can be incorporated into cybersecurity risk management strategies. Organizations throughout the globe are facing formidable challenges due to the proliferation and sophistication of cybersecurity threats. Traditional risk management approaches often overlook the potential catastrophic consequences of cyberattacks on business operations. By incorporating catastrophe modeling techniques, organizations can better understand and quantify the potential impact of cyber incidents on their business continuity. The findings highlight the importance of integrating catastrophe models into cybersecurity risk management frameworks to enhance organizations' resilience to cyber threats. The study underscores the need for proactive measures to mitigate cyber risks and ensure the continuity of business
operations in the face of cyberattacks.
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