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  • Mitigation
  • Besides the usual need to spend for compliance with information security standards, policies and regulations, CISO might advocate additional budget to address mitigation of increased risks of data breach incidents. (owasp.org)
  • threat
  • Institutions should consider these factors and determine if their existing connections, offerings and technologies add to the inherent risk and if they can manage these factors amid the changing threat landscape, the council said. (executivegov.com)
  • This concept is more properly known as the 'Expectation Value' or 'Risk Factor' and is used to compare levels of risk) The probability or threat of quantifiable damage, injury, liability, loss, or any other negative occurrence that is caused by external or internal vulnerabilities, and that may be avoided through preemptive action. (wikipedia.org)
  • financial
  • Values (such as physical health, social status, emotional well-being, or financial wealth) can be gained or lost when taking risk resulting from a given action or inaction, foreseen or unforeseen (planned or not planned). (wikipedia.org)
  • probability
  • Risk perception is the subjective judgment people make about the severity and probability of a risk, and may vary person to person. (wikipedia.org)
  • Reference needed) A risk is not an uncertainty (where neither the probability nor the mode of occurrence is known), a peril (cause of loss), or a hazard (something that makes the occurrence of a peril more likely or more severe). (wikipedia.org)
  • For example, the risk of developing cancer is estimated as the incremental probability of developing cancer over a lifetime as a result of exposure to potential carcinogens (cancer-causing substances). (wikipedia.org)
  • Risk can be seen as relating to the probability of uncertain future events. (wikipedia.org)
  • OHSAS (Occupational Health & Safety Advisory Services) defines risk as the combination of the probability of a hazard resulting in an adverse event, and the severity of the event. (wikipedia.org)
  • practices
  • These tiers will ultimately assist in determining the level and frequency of due diligence required while directing stakeholders to an appropriate set of supporting risk practices and procedures. (mindpointgroup.com)
  • In addition to the inherent risk of some jobs, best practices are simply not followed in many factories and construction sites across the country, he said. (taipeitimes.com)
  • level of risk
  • A vendor who is accessing, transmitting, storing non-sensitive data solely within your environment may not pose the same level of risk as a vendor who is accessing, processing, transmitting and storing personal health information (PHI) for all of your employees in their data center. (mindpointgroup.com)
  • make
  • Elements in the lyrics such as the lines "The chance is we won't make it / But I know if I don't take it there's no chance" deliver a message of perseverance and taking risks to reach your goals. (wikipedia.org)
  • process
  • Macedonia s Slavic citizens may feel exposed to a risk of ethnic cleansing as the Macedonian security forces are required to withdraw to their barracks during phase one of the operation, while NATO forces are still in the process of deployment. (bits.de)
  • In order to appropriately identify risk, organizations must cleanly separate those third-party risks into tiers through a determination process utilizing a set of well-defined criteria. (mindpointgroup.com)
  • On the other hand, one might gravitate to the mobile application being highest risk (Tier 1) because money transfer is involved, but after completing your determination process, you may find that the purpose of the software does not add any additional inherent risk than any other third-party software development effort. (mindpointgroup.com)
  • impact
  • In general, vulnerabilities are prioritized based upon technical risks not business impact, for example, vulnerabilities that yield high technical risks are prioritized for remediation over low risk ones. (owasp.org)
  • The impact might be more of reputation risk in this case rather than data breach risk. (owasp.org)
  • several
  • Given the avalanche of information that has become available to -businesses over the past several years, data-driven decision-making (DDDM), the practice of basing business decisions on data analysis rather than intuition, has become a critical tool to help organizations reduce risk, avoid costly mistakes and take advantage of opportunities. (rmmagazine.com)
  • high
  • Naphtha is also quite carcinogenic, and performance careers built on using it entail a high risk of mouth cancer. (wikipedia.org)
  • frequency
  • For example, according to Factor Analysis of Information Risk, risk is: the probable frequency and probable magnitude of future loss. (wikipedia.org)
  • upon
  • For entities where ReliabilityFirst has not conducted an IRA, compliance monitoring will be targeted based upon the ERO and Region risks in the Annual CMEP Implementation Plan. (rfirst.org)
  • This involves the inherent risk of relying upon estimates. (wikipedia.org)
  • event
  • In the example of Company C, one may assume the guards "only" have physical access, but that may be more than enough to cause a damaging risk event to be realized if one does not determine what is stored in the physical location and the guards' access level to said items/information. (mindpointgroup.com)
  • Risk is an uncertain event or condition that, if it occurs, has an effect on at least one [project] objective. (wikipedia.org)
  • cannot
  • Trading risk is divided into two general categories: (1) Systematic risk affects all securities in the same class and is linked to the overall capital-market system and therefore cannot be eliminated by diversification. (wikipedia.org)
  • fire
  • The vast majority of professional fire-breathers are apprenticed by a seasoned professional and it is strongly recommended that teaching oneself be avoided due to the extreme risks. (wikipedia.org)
  • Performing with fire has many inherent risks to the health and safety of the practitioners. (wikipedia.org)
  • They also are far easier to ignite and even a seasoned fire breather would be at serious risk of injury using these fuels for breathing There is a risk of self ignition while performing fire breathing. (wikipedia.org)
  • market
  • This is a comprehensive educational document outlining the key differences between developed market and emerging market healthcare, the benefits and risk associated with investing in emerging market healthcare, who is investing in emerging market healthcare and what should be considered when investing into this market. (cpduk.co.uk)
  • Also called market risk. (wikipedia.org)
  • 2) Non-systematic risk is any risk that isn't market-related. (wikipedia.org)
  • Also called non-market risk, extra-market risk or diversifiable risk. (wikipedia.org)
  • The methods of entering the foreign market, with choice made balancing costs, control and risk, include: Export directly. (wikipedia.org)
  • point
  • Enhanced risk comes from the use of lower flash point fuels, inappropriate fabrics in clothing (such as polyester), wearing other flammable items or products (such as hairspray), poor technique and performance in unsuitable locations. (wikipedia.org)
  • group
  • There were companies engaged in mortgage lending who had hard-coded into their models continuous home price increases of 4% a year for as far as the eye could see," said Kevin Buehler, co-founder of McKinsey's global risk practice and leader of its risk advanced analytics group. (rmmagazine.com)
  • proper
  • Regardless of the precautions taken, it is always a dangerous activity, but the proper technique and the correct fuel reduces the risk of injury or death. (wikipedia.org)
  • common
  • The correct response would be that you need some common and consistent way of gathering inherent risk attributes across each of these third-party vendors to be able to accurately rank them. (mindpointgroup.com)
  • contract
  • Incoterms inform sales contract by defining respective obligations, costs, and risks involved in the delivery of goods from seller to buyer. (wikipedia.org)
  • Help
  • OWASP provides a set of documented guidelines that can help CISOs in managing application security risks. (owasp.org)
  • data
  • This is supported by a study sponsored by the Ponemon Institute, which gathered responses from hundreds of respondents across both public and private sectors to present a view of the state of Data Risk in the Third-Party Ecosystem . (mindpointgroup.com)
  • But data-driven decision-making is not just about the avoidance of risk. (rmmagazine.com)
  • areas
  • As bipeds, it's also a challenge trying to walk on snow and ice covered areas, and the risk of injury from a fall increases greatly this time of year. (annarbor.com)