Risk managment concepts Flashcards
1
Q
What is risk?
A
The probablity that a given threat source will exercise a particular vulnerability and the resulting impact should that occur
2
Q
What is a threat?
A
an even or situation that if it occured, would prevent that organization from operating in it normal manner
3
Q
What is a vulnerability?
A
A weakness in the system
4
Q
What is residual risk?
A
remaining risk after all counter measures/controls have been applied
5
Q
What is the impact mean?
A
what a threat will cost (quan/qual)
