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A collection of flashcards summarizing key terms related to risk management, including their definitions and relationships.
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Threat Agent
Something that's going to cause a threat, such as an attacker, a hurricane, or a fire.
Threat
Any potential danger that arises from a threat agent.
Vulnerability
A weakness that exists which can be exploited by threats.
Risk
The potential for damage to an asset, resulting from a threat exploiting a vulnerability.
Asset
Anything of value to an organization that is at risk of potential damage.
Impact / Exposure
The consequences of a risk, which can include loss of reputation, monetary loss, loss of confidentiality, or loss of integrity.
Safeguards
Controls implemented to prevent a risk from occurring, including directive, deterrent, and preventative controls.
Countermeasures
Controls that detect, react to, or correct risks that have occurred, including detective, corrective, recovery, and compensating controls.