Information Security Management Risks
Of course, it is always clear that “risk” is a possibility that something unsuitable happens. What is not clear is how probable it is, what nature it has, and what harm it can do to an organization.
Betting on some event means the chance of financial loss: the unsuitable outcome. To decide if we want to take on this risk means calculating the chances of winning or the odds of losing. We can implement measures to reduce the chance of the danger, and put strategies in place to handle possible unpleasant outcomes.
