Risk

0.0(0)
Studied by 0 people
call kaiCall Kai
learnLearn
examPractice Test
spaced repetitionSpaced Repetition
heart puzzleMatch
flashcardsFlashcards
GameKnowt Play
Card Sorting

1/10

encourage image

There's no tags or description

Looks like no tags are added yet.

11 Terms

1
New cards

AV

value of an asset to an organization

2
New cards

EF

percentage of the value lost due to an incident

3
New cards

SLE

amount loss in single occurrence

4
New cards

ALE

amount lost over a year

5
New cards

ARO

how many times per year incident happens

6
New cards

Probability

Quantitative measure of chance (%)

7
New cards

Likelihood

Qualitative measure of chance (high, low, stop-light)

8
New cards

Risk Appetite

amount of risk an organization is willing to take

9
New cards

Risk Tolerance

level of acceptable risk before an organization will take action

10
New cards

Key Risk Indicator

early warnings of risks and their potential impact of an organization

11
New cards

Risk Threshold

specific point at which an organization must take action