1.

Give An Example Of Risk Determination ?

Answer»

For the purpose of relative risk assessment:

risk = likelihood of vulnerability occurrence TIMES value (or impact) -

percentage risk already controlled + an element of uncertainty

Information Asset A has an value score of 50 and has one vulnerability:

Vulnerability 1 has a likelihood of 1.0 with no CURRENT controls and you ESTIMATE that assumptions and data are 90 % accurate

Asset A: vulnerability RATED as 55 = (50 * 1.0) - 0% + 10%.

For the purpose of relative risk assessment:

risk = likelihood of vulnerability occurrence times value (or impact) -

percentage risk already controlled + an element of uncertainty

Information Asset A has an value score of 50 and has one vulnerability:

Vulnerability 1 has a likelihood of 1.0 with no current controls and you estimate that assumptions and data are 90 % accurate

Asset A: vulnerability rated as 55 = (50 * 1.0) - 0% + 10%.



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