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Risks
1. Reputational Risk: Negative public opinion or publicity of Black Hills Information Security could damage its reputation.
2. Regulatory Risk: Not complying with laws or regulations governing the industry could lead to fines and penalties.
3. Financial Risk: Poor financial decisions may affect the stability and success of the business.
4. Data Security Risk: Customer data stored in Black Hills Information Security systems may be compromised if proper security measures aren’t in place.
5. Cyber Security Risk: A successful cyber attack could result in the data being accessed, stolen or damaged.
6. Technology Risk: Lack of proper research and development could lead to out-of-date technology and inadequate services.