Second Equation
Another, and more useful risk equation is Risk = (Threat x Vulnerability) Asset Value. The addition of asset value lets us get a much better idea of what the impact would be.
So let's work through it again. Answer these questions in the submission box below.
- What is a threat?
- What is a vulnerability?
- How do we define asset value?
- What is the value added of the the second risk equation?
- Ignoring the equations, how do you define risk?