Difference between revisions of "Risk"

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(US Definition)
(ISO/IEC 27000:2014)
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===Standard Definition===
 
===Standard Definition===
 
==== ISO/IEC 27000:2014 ====
 
==== ISO/IEC 27000:2014 ====
Measure that is modifying risk (based on the ISO Guide 73:2009)<ref name="ISO27000-14"> [http://www.iso.org/iso/home/store/catalogue_ics/catalogue_detail_ics.htm?csnumber=63411 ISO/IEC 27000:2014, Information technology -- Security techniques -- Information security management systems -- Overview and vocabulary]</ref>.
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Effect of uncertainty on objectives(based on the ISO Guide 73:2009) <ref name="ISO27000-14"> [http://www.iso.org/iso/home/store/catalogue_ics/catalogue_detail_ics.htm?csnumber=63411 ISO/IEC 27000:2014, Information technology -- Security techniques -- Information security management systems -- Overview and vocabulary]</ref>.
The standard also notes that controls include any process, policy, device, practice, or other actions which modify risk and that they may not always exert the intended or assumed modifying effect.
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* An effect is a deviation from the expected — positive or negative.
 
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* Uncertainty is the state, even partial, of deficiency of information related to, understanding or * knowledge of, an event (2.25), its [[consequence]], or [[likelihood]].
 
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* Risk is often characterized by reference to potential [[event|events]] and [[consequence|consequences]], or a combination of these.
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* Risk is often expressed in terms of a combination of the [[consequence|consequences]] of an [[event]] (including changes in circumstances) and the associated [[likelihood]] of occurrence.
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* In the context of information security management systems, information security risks can be expressed as effect of uncertainty on information security objectives.
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* [[Information security]] risk is associated with the potential that [[threat|threats]] will exploit [[vulnerability|vulnerabilities]] of an information [[asset]] or group of information assets and thereby cause [[harm]] to an organization.
  
 
==See also==
 
==See also==

Revision as of 16:43, 21 May 2014

Definitions

Official European Definition

Other International Definitions

UNISDR

The combination of the probability of an event and its negative consequences [1].

National Definitions

USA

The potential for an unwanted outcome resulting from an incident, event, or occurrence, as determined by its likelihood and the associated consequences [2].

Standard Definition

ISO/IEC 27000:2014

Effect of uncertainty on objectives(based on the ISO Guide 73:2009) [3].

  • An effect is a deviation from the expected — positive or negative.
  • Uncertainty is the state, even partial, of deficiency of information related to, understanding or * knowledge of, an event (2.25), its consequence, or likelihood.
  • Risk is often characterized by reference to potential events and consequences, or a combination of these.
  • Risk is often expressed in terms of a combination of the consequences of an event (including changes in circumstances) and the associated likelihood of occurrence.
  • In the context of information security management systems, information security risks can be expressed as effect of uncertainty on information security objectives.
  • Information security risk is associated with the potential that threats will exploit vulnerabilities of an information asset or group of information assets and thereby cause harm to an organization.

See also

Notes