%PDF-1.4 %âãÏÓ 1 0 obj << /Type /Catalog /Pages 2 0 R >> endobj 2 0 obj << /Type /Pages /Count 3 /Kids [5 0 R 7 0 R 9 0 R] >> endobj 3 0 obj << /Type /Font /Subtype /Type1 /BaseFont /Helvetica >> endobj 4 0 obj << /Type /Font /Subtype /Type1 /BaseFont /Helvetica-Bold >> endobj 5 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 6 0 R >> endobj 6 0 obj << /Length 5133 >> stream BT /F2 22 Tf 0.06 0.08 0.12 rg 1 0 0 1 46 789.89 Tm (What Is Digital Risk and How Can You Manage it for) Tj ET BT /F2 22 Tf 0.06 0.08 0.12 rg 1 0 0 1 46 762.89 Tm (your Business) Tj ET BT /F2 11 Tf 0.72 0.14 0.18 rg 1 0 0 1 46 725.89 Tm (TechRounder PDF Edition) Tj ET BT /F1 9.5 Tf 0.36 0.39 0.46 rg 1 0 0 1 46 709.89 Tm (Live article:) Tj ET BT /F1 9.5 Tf 0.36 0.39 0.46 rg 1 0 0 1 46 697.39 Tm (https://www.techrounder.com/business/what-is-digital-risk-and-how-can-you-manage-it-for-your-business/) Tj ET q 0.82 0.85 0.9 RG 1 w 46 678.89 m 549.28 678.89 l S Q BT /F1 10 Tf 0.24 0.27 0.32 rg 1 0 0 1 46 666.89 Tm (By Vipin PG | Published December 30, 2022 | Updated January 4, 2026 | Format: Explainer | 4 min read) Tj ET BT /F2 13 Tf 0.72 0.14 0.18 rg 1 0 0 1 46 643.89 Tm (In brief) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 623.89 Tm (Digital technologies are revolutionizing business processes, operations, and customer relationships.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 608.89 Tm (The rapid growth of the Internet of Things enables organizations to connect more devices than ever.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 583.89 Tm (Digital technologies are revolutionizing business processes, operations, and customer relationships.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 568.89 Tm (The rapid growth of the Internet of Things enables organizations to connect more devices than ever.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 546.89 Tm (The benefits are significant: increased employee efficiency, productivity gains, and increased) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 531.89 Tm (revenue streams. Unfortunately, this also means that cybercriminals have a bigger attack surface to) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 516.89 Tm (target.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 488.89 Tm (What is Digital Risk?) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 464.89 Tm (Digital risk can be defined as the risk of losing customer data, intellectual property, or business) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 449.89 Tm (reputation due to a cyberattack. While digital technologies are revolutionizing business processes,) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 434.89 Tm (operations, and customer relationships, they also introduce vulnerabilities that cybercriminals can use) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 419.89 Tm (to attack your organization.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 397.89 Tm (As a result, digital risk management has come to the forefront of need in today's digital age. As more) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 382.89 Tm (and more organizations increase their online presence and shift operations online, keeping a keen eye) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 367.89 Tm (on all digital domains being used is essential.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 345.89 Tm (Effective domain monitoring helps identify unauthorized activity that can compromise an) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 330.89 Tm (organization's network security. Without such monitoring, data loss or malicious attacks could result in) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 315.89 Tm (immense financial losses.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 293.89 Tm (To deal effectively with digital risk, you can follow the following tips.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 265.89 Tm (Identify All Exposed Assets) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 241.89 Tm (To understand digital risk, you must first define an asset. An asset could be a piece of intellectual) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 226.89 Tm (property \(IP\), a database, or even something as simple as your company website. If you're in charge) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 211.89 Tm (of managing your company's assets, or if you work in IT and are responsible for the security of its) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 196.89 Tm (network and systems, then you must know all the assets to manage them proactively.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 174.89 Tm (Once you have identified all of the assets in your organization, the next step is to list all possible risks) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 159.89 Tm (associated with each one and determine how to mitigate these risks appropriately.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 137.89 Tm (For example, A database containing customer information could be at risk from hackers attempting to) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 122.89 Tm (access it through a phishing attack or other exploitation attempts like SQL injections or) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 107.89 Tm (denial-of-service attacks \(DoS\).) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 1 of 3) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/what-is-digital-risk-and-how-can-you-manage-it-for-your-business.pdf) Tj ET endstream endobj 7 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 8 0 R >> endobj 8 0 obj << /Length 6095 >> stream BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 789.89 Tm (Mitigation strategies may include limiting access only to employees who need access for their job) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 774.89 Tm (duties; implementing password complexity requirements; requiring two-factor authentication \(2FA\) for) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 759.89 Tm (any changes made on this particular database; educating employees about how they can spot phishing) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 744.89 Tm (attempts; implementing firewalls between networks so that only authorized traffic passes through) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 729.89 Tm (them; etc.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 701.89 Tm (Have an Incident Response Plan In Place) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 677.89 Tm (An incident response plan is a document that outlines how your business will respond to cyber) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 662.89 Tm (breaches. It should include steps for dealing with an attack and allow for flexible responses based on) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 647.89 Tm (the nature of the attack. You should have a written plan to quickly and effectively respond to security) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 632.89 Tm (threats. Your plan should include the following:) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 610.89 Tm (- How you'll communicate with customers, employees, and other stakeholders about what happened.) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 594.09 Tm (- Your strategy for restoring services as quickly as possible after an attack.) Tj ET BT /F1 10.5 Tf 0.2 0.23 0.28 rg 1 0 0 1 46 577.29 Tm (- A description of any public relations activities that need to be carried out.) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 554.49 Tm (Reducing Your Attack Surface) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 530.49 Tm (Reducing your attack surface is essential for digital risk management in today's world. Try to think of) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 515.49 Tm (it like Fort Knox, where all the valuable assets are kept secure by creating multiple levels of security.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 500.49 Tm (The same goes with your digital assets - create overlapping layers of protection that access control) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 485.49 Tm (systems, firewalls, malware scanning, and encryption techniques can provide.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 463.49 Tm (This way, you can fortify your data from potential cyber-attacks. Keep up with the ever-changing face) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 448.49 Tm (of technology and stay informed about digital security methods to be one step ahead of malicious) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 433.49 Tm (intruders!) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 411.49 Tm (You should also use a secure web browser. Ensure you use the latest web browser version and only) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 396.49 Tm (use trusted add-ons. Also, use a secure email client and email encryption tools such as PGP or S/MIME) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 381.49 Tm (when sending sensitive information via email as opposed to using regular SMTP protocols like POP3 or) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 366.49 Tm (IMAP4, which are not encrypted by default and leave emails vulnerable to unauthorized access on the) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 351.49 Tm (server side if hacked into by nefarious actors looking for the valuable information they can sell on the) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 336.49 Tm (dark web \(a subset of the internet where criminals buy/sell stolen data\).) Tj ET BT /F2 15 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 308.49 Tm (Monitoring Your Attack Surface Continuously) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 284.49 Tm (Monitoring your network, systems, and applications, monitoring your network traffic, and monitoring) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 269.49 Tm (security events are all part of the process. You also need to monitor your security posture and ensure) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 254.49 Tm (that you comply with any regulations or standards that apply to your industry.) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 232.49 Tm (This can be done through tools like SIEM \(Security Information and Event Management\), allowing you to) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 217.49 Tm (monitor all these areas in real time and perform retrospective analysis. Finally, you must ensure all) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 202.49 Tm (these systems are performing optimally so they don't become weak points that attackers could exploit) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 187.49 Tm (at some point down the line.) Tj ET BT /F2 13 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 159.49 Tm (Final Thoughts) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 137.49 Tm (Digital risk is a growing concern for businesses, and it's important to take proactive steps to protect) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 122.49 Tm (your company from cyberattacks. Digital risk management can help you identify potential threats and) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 107.49 Tm (reduce your vulnerability to data loss or theft through proactive monitoring of your networks. Taking) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 92.49 Tm (steps like these allows you to use digital technologies safely and securely while maintaining the) Tj ET BT /F1 11 Tf 0.14 0.16 0.2 rg 1 0 0 1 46 77.49 Tm (benefits they bring to your business.) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 2 of 3) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/what-is-digital-risk-and-how-can-you-manage-it-for-your-business.pdf) Tj ET endstream endobj 9 0 obj << /Type /Page /Parent 2 0 R /MediaBox [0 0 595.28 841.89] /Resources << /Font << /F1 3 0 R /F2 4 0 R >> >> /Contents 10 0 R >> endobj 10 0 obj << /Length 516 >> stream BT /F2 13 Tf 0.08 0.1 0.14 rg 1 0 0 1 46 789.89 Tm (References) Tj ET BT /F1 10 Tf 0.18 0.2 0.24 rg 1 0 0 1 46 769.89 Tm (1. bolster.ai - solutions / domain-monitoring - https://bolster.ai/solutions/domain-monitoring) Tj ET q 0.86 0.88 0.92 RG 1 w 46 42 m 549.28 42 l S Q BT /F1 8.4 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 30 Tm (TechRounder | Page 3 of 3) Tj ET BT /F1 7.2 Tf 0.42 0.45 0.5 rg 1 0 0 1 46 19 Tm (https://www.techrounder.com/pdf/blog/what-is-digital-risk-and-how-can-you-manage-it-for-your-business.pdf) Tj ET endstream endobj xref 0 11 0000000000 65535 f 0000000015 00000 n 0000000064 00000 n 0000000133 00000 n 0000000203 00000 n 0000000278 00000 n 0000000420 00000 n 0000005604 00000 n 0000005746 00000 n 0000011892 00000 n 0000012035 00000 n trailer << /Size 11 /Root 1 0 R >> startxref 12602 %%EOF