A vague description such as cyber risk carries far less management value than a properly structured one. According to Unbroken Links by Dr Uppiliappan Gopalan, the fix lies in a simple three part framework every leader can apply immediately.
Separating the Three Elements
A cause or source is the condition creating exposure. A risk event is what may happen or change. A consequence is what the organisation may experience as a result. Weak access controls create the source, unauthorised data access is the event, and operational interruption, legal consequences and reduced customer confidence can follow as consequences.
Why This Structure Changes Management Conversations
Separating the three helps management understand both the origin of the exposure and the path through which value can be affected, turning a vague worry into a specific, actionable understanding of what needs attention and why.
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