Author(s)

Ye Wang

Corresponding Author

Ye Wang

ABSTRACT

Cybersecurity risk is a common risk that companies must pay attention with. In the fiscal year 2017, Equifax suffered a serious cybersecurity incident. The cybersecurity incident brought a series of damage to the company operation. In order to better carry out cybersecurity risk management and risk avoidance, this paper starts with the classification of cybersecurity risks, analyses the consequences of cyber attack from financial perspective and operational perspective, and summarizes the solutions from the macro strategy and micro strategy.

KEYWORDS

Cybersecurity risk, cyber-attack, business management