Difference between revisions of "Risk Tolerance"
Jump to navigation
Jump to search
(→Kingdom of Saudi Arabia) |
(→See also) |
||
| (One intermediate revision by the same user not shown) | |||
| Line 29: | Line 29: | ||
Note: the concept of risk tolerance is linked to the concept of [[Risk Perception]]. | Note: the concept of risk tolerance is linked to the concept of [[Risk Perception]]. | ||
| + | === [[Dictionary]]=== | ||
| + | {{definition|Risicobereidheid: De hoeveelheid en het soort risico dat een organisatie bereid is. <ref>[https://www.cybersecurityalliantie.nl/ecp_images/2021/12/Cybersecurity-Woordenboek-2021_ZonderSpreads.pdf Cybersecurity Woordenboek 2021]</ref>}}<br/><br/> | ||
| + | {{#set:defined by=Dictionary}} | ||
==See also== | ==See also== | ||
* [[Risk]] | * [[Risk]] | ||
| Line 36: | Line 39: | ||
* [[Risk Reduction]] | * [[Risk Reduction]] | ||
*[[Subjective Risk]] | *[[Subjective Risk]] | ||
| − | |||
==Notes== | ==Notes== | ||
| Line 47: | Line 49: | ||
[[Category:Risk]] | [[Category:Risk]] | ||
{{#set:defined by=ITU-T|defined by=Canada|defined by=Kingdom of Saudi Arabia|defined by=Philippines|defined by=United States|defined by=NIST|defined by=ISO|defined by=US-CERT}} | {{#set:defined by=ITU-T|defined by=Canada|defined by=Kingdom of Saudi Arabia|defined by=Philippines|defined by=United States|defined by=NIST|defined by=ISO|defined by=US-CERT}} | ||
| + | {{#set: Showmainpage=Yes}} | ||
Revision as of 23:23, 19 February 2022
Contents
Definitions
European Definitions
Other International Definitions
ITU-T
Risk tolerance means the degree of exposure to security risk acceptable to policy makers/business owners. [1]
National Definitions
Canada
The willingness of an organization to accept or reject a given level of residual risk. [2]
Note: Risk tolerance may differ across an organization, but must be clearly understood by those making risk-related decisions.
Kingdom of Saudi Arabia
Risk tolerance: The acceptable variation relative to performance to the achievement of objectives. [3]
Philippines
Risk Tolerance:
(a) The level of risk an entity is willing to assume in order to achieve a potential desired result;
(b) The defined impacts to an enterprise‘s information systems that an entity is willing to accept. [4]
(a) The level of risk an entity is willing to assume in order to achieve a potential desired result;
(b) The defined impacts to an enterprise‘s information systems that an entity is willing to accept. [4]
United States
NIST
The level of risk an entity is willing to assume in order to achieve a potential desired result. [5]
US-CERT
Risk Tolerance: Thresholds that reflect the organization’s level of risk aversion by providing levels of acceptable risk in each operational risk category that the organization has established. [6]
Standard Definition
ISO Guide 73:2009(en)
Organization's or stakeholder's readiness to bear the risk after risk treatment in order to achieve its objectives [7]
Academic Definitions
Note: the concept of risk tolerance is linked to the concept of Risk Perception.
Dictionary
Risicobereidheid: De hoeveelheid en het soort risico dat een organisatie bereid is. [9]
See also
Notes
- ↑ ITU Study Group Q.22/1 Report on Best Practices for a National Approach to Cybersecurity: A Management Framework for Organizing National Cybersecurity Efforts, ITU-D Secretariat, Geneva (2008).
- ↑ All Hazards Risk Assessment Methodology Guidelines 2012-2013, Public Safety Canada
- ↑ Cyber Security Framework Saudi Arabian Monetary Authority Version 1.0 May 2017
- ↑ DND GLOSSARY OF CYBER SECURITY TERMS (v.4)
- ↑ NISTIR 7298 rev 2: Glossary of Key Information Security Terms, May 2013
- ↑ Cyber Resilience Review (CRR): Method Description and Self-Assessment User Guide (2016)
- ↑ ISO Guide 73:2009 Risk management -- Vocabulary
- ↑ Campbell Institute (2014). Risk perception: Theories, strategies and next steps.
- ↑ Cybersecurity Woordenboek 2021
