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UWS Risk Management in Financial Institutions Questions

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UWS Risk Management in Financial Institutions Questions – Description

Define Cyber Risk. What is Cyber Risk and how can you measure it in the real world? 
Provide two examples of real-world cyber risk and how you would address them. 

What’s the difference between quantitative and qualitative measurement of Cyber Risk? 
What’s the difference between residual risk and inherent risk? 
Are there any risk management frameworks in use today? If yes, please describe at least one of them

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