When assessing the impact of operational disruptions, what is an example of a significant risk?

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In the context of assessing the impact of operational disruptions, significant risks are typically those that can have a substantial effect on the business's ability to function or deliver value. Online outages represent a critical risk because they can directly disrupt the core operations of an organization, especially those that rely heavily on digital platforms for service delivery, transactions, and customer engagement.

When an organization experiences an online outage, it can lead to immediate loss of service, unable to fulfill customer transactions, and can severely damage customer trust and satisfaction. The operational consequences of such disruptions can result in significant financial losses, operational delays, and long-term reputational damage.

Identifying online outages as a significant risk highlights the importance of continuous monitoring and mitigation strategies to ensure the business remains operational and responsive to its customers. Other options, while they can impact the organization, do not typically have the same immediate and widespread impact on operations as an online outage.

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