Risk Definitions

1. Asset: Anything of value to the company

2.Vulnerability: A weakness;the absence of a safeguard.

3.Threat: Something that could pose loss to all or port of an asset.

4.Threat agent: What carries out the attack

5.Exploit: An instance of compromise.

6.Risk: The probability of a threat materializing.

7.Controls: Physical,Administrative and Technical protectors.

    + Safeguards

    + Countermeasure

8.Total risks: The risk that exists before any control is implemented.

9.Residual risk: Leftover risk after applying a control.

10.Secondary Risk: When one risk response triggers another risk event.

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