Cyber risk is any risk that occurs from the unauthorised or incorrect use of technology, resulting in financial loss, disruption or damage to an entity’s operation or reputation. It can include malicious cybercrime, such as ransomware as well as unintended and accidental disclosure or loss of confidential data.
Cyber-attacks are considered one of the greatest risks to small and medium businesses (SMEs) and associations as they can significantly impact operations. As cyber-attacks are rapidly increasing in frequency and sophistication, sports clubs need to ensure they take proactive measures to help manage these risks.