Privacy Risk

Privacy Risk - Privacy Risk refers to the potential for negative consequences arising from an organization's failure to protect the privacy and confidentiality of personal or sensitive information entrusted to it by individuals or other organizations. These risks can result from inadequate data security measures, cyber attacks, or noncompliance with privacy regulations, potentially leading to data breaches, loss of trust, or legal liabilities, ultimately impacting the organization's overall performance, reputation, and sustainability.

Class Information

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Identification

Label (rdfs)
Privacy Risk
Preferred Label
None
Alternative Labels
Information Stewardship Risk
Identifier
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Definition and Examples

Definition
Privacy Risk refers to the potential for negative consequences arising from an organization's failure to protect the privacy and confidentiality of personal or sensitive information entrusted to it by individuals or other organizations. These risks can result from inadequate data security measures, cyber attacks, or noncompliance with privacy regulations, potentially leading to data breaches, loss of trust, or legal liabilities, ultimately impacting the organization's overall performance, reputation, and sustainability.
Examples
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Translations

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Class Relationships

Parent Class Of
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Is Defined By
https://www.canada.ca/en/treasury-board-secretariat/corporate/risk-management/taxonomies.html
See Also
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Additional Information

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Description
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Notes
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Deprecated
False

Metadata

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