Glossary

Beyond immediate financial impacts, reputational risk can have far-reaching consequences for an organization’s brand equity and market position. Mitigating reputational risk often requires multifaceted strategies, including prompt and transparent communication, swift resolution of issues, and proactive measures to prevent recurrence. Furthermore, investing in comprehensive security measures not only safeguards customer data but also fosters a culture of trust and reliability, ultimately strengthening brand loyalty and market credibility. In today’s hyperconnected digital landscape, where news spreads rapidly through social media and online