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How is risk calculated in security?
Risk is the combination of the probability of an event and its consequence. In general, this can be explained as: Risk = Likelihood × Impact. In particular, IT risk is the business risk associated with the use, ownership, operation, involvement, influence and adoption of IT within an enterprise.
Answer is C. C. In Information Security, the definition of Risk is: Risk = Threat x Probability.
Risk refers to the potential for harm or loss resulting from a threat exploiting a vulnerability. A threat is any potential danger that could harm or compromise the confidentiality, integrity, or availability of an organization's information assets. Probability refers to the likelihood of a threat exploiting a vulnerability, while vulnerability is a weakness or gap in an organization's security defenses that could be exploited by a threat.
By multiplying the likelihood of a threat exploiting a vulnerability (i.e., probability) by the potential impact of a successful attack (i.e., threat), organizations can determine the level of risk associated with a particular information asset or system. This formula allows organizations to quantify and prioritize risks and determine appropriate risk treatment strategies.
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