QUICK DEFINITION
Cyber Risk Governance — The structures through which boards and management oversee cyber risk, responsibilities, controls and accountability.
WHY IT MATTERS
Why Cyber Risk Governance matters in finance
Cybersecurity becomes financial resilience only when technical risk is connected to business ownership and decision-making.
FINANCIAL SYSTEM CONTEXT
← Back to the Financial Security GlossarySecurity is also a market-infrastructure question
In financial services, cyber risk governance should be understood in relation to operational continuity, data integrity, payments, market infrastructure and interconnected dependencies. A control can be technically effective while still leaving material resilience risk if critical services cannot continue or recover during disruption.