The rapid advancement of technology has brought numerous benefits, but it has also exposed organizations and individuals to significant cyber risks. This research paper aims to explore the exposure to cyber risk and evaluate the factors that contribute to preparedness in controlling cyber risks. The study adopts a comprehensive approach by integrating theoretical frameworks, data analysis, and research methodology to assess the current landscape of cyber risks and identify key factors that enhance preparedness. The results highlight the significance of organizational culture, employee awareness, technological infrastructure, and regulatory compliance as critical elements in managing cyber risks. The findings provide valuable insights for organizations to strengthen their cyber risk management strategies, leading to a more secure digital environment. Furthermore, this paper discusses the future scope of research in this domain, emphasizing the need for continuous evaluation and adaptation to evolving cyber threats.

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Keywords: Cyber Risk, Preparedness, Cybersecurity, Organizational Culture, Employee Awareness, Technological Infrastructure, Regulatory Compliance, Data Analysis, Research Methodology, Future Scope.