The Norwegian Water Resources and Energy Directorate (NVE) are initiating a digitalization process that involves the use of a digital metering value chain and cloud computing. The main objective of this study is to investigate how NVE can ensure cyber-security in digital meters and the cloubased metering value chain for mountain landslide warning. The study is based on a qualitative approach including methods like document analysis and semi structured interviews used as input to a risk analysis based on the ISO 31000 standard. The risk analysis covered three different scenarios from NVE. Those three scenarios were internal, external Norwegian, and transnational value chains for metering landslide warning. The results of the risk analysis showed that the largest risk was loss of metering data caused by failures in complex digital value chains combined with the risk of human error. We concluded that the risk is significantly higher for the transnational digital value chains, and that the recommended risk mitigation is a combination of organizational and technical countermeasures.