Prior to the advent of the Coronavirus, cybersecurity was ranked as the greatest risk

to doing business in North America by the World Economic Forum (WEF). In its 2019

Global Risks Report it ranked as the second biggest business risk for the UK and

Ireland after Brexit.

- Advise how a companies board of directors could implement a risk management

strategy to address future uncertainties.

-Evaluate the characteristics of an effective risk management system that would

address the key issue to which the above quotation, draws attention.