There are three primary reasons all risk professionals should actively manage cyber risk: to comply with regulations, its frequency, and its severity (check back next week for more information). But what can be done about this problem? In a study by Accenture Insurance, only 43% of executives believed that their organization’s cyber defence was fully functional. Cyber risk is a difficult threat to manage as technology is constantly changing and there isn’t one clear cut solution. This list of strategies can be used individually or in tandem to reduce any organization’s cyber risk.