Organizations today are relying heavily on digital processes to manage their businesses hence Digital Risk Management (DRM) has gained immense importance. As organizations are moving towards digital transformation, it is becoming increasingly important for them to understand the digital risks associated with this move .The objective of this study is to understand the risks in the area of cyber threat by studying several organizational use cases and propose a mitigation model to curtail the risks in these areas. The paper adopts a case study based approach and discusses use cases of cyber threats, its impact and solutions for its mitigation. The study aims at providing insights to managers in the area of cyber risk and proposes solutions for mitigation of those risks. It will help managers cultivate a fresh approach to understand and adapt to emerging digital threats and develop a resilient digital risk management strategy for the organization.
Volume 11 | 03-Special Issue
Pages: 1812-1822