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The Difference Between Risk and Source of Risk
Let’s assume you have completed a detailed risk assessment, have identified a host of additional controls to purchase and... read more
How to Define Risk Categories
Let’s get this clear from the start – risk categories are important, and it is worth the effort to... read more
The difference between risks and issues
The international Standard on risk management (Risk Management—Guidelines ISO 31000:2018) defines a risk as “the effect of uncertainty on... read more
Risk appetite vs Risk Tolerance
These are probably two of the most confusing and misunderstood terms in risk management and are often used interchangeably. The... read more
Multi-dimensional security assessments
Security is complex and multi-dimensional—we have threats, threat vectors, tactics, intention, vulnerabilities, risks, hazards, security controls and a plethora... read more
The difference between threats and hazards
Fundamental to understanding how to undertake threat and hazard assessments is being clear about the difference between a threat... read more
How to link threat and risk assessments
Practitioners often struggle with linking security threat assessments with risk assessments. Let’s take some time to consider a diagram... read more
The difference between threats and risks
There is much confusion about the difference. It is important to get this clear as failing to do so... read more
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August 2020
The Difference Between Risk and Source of Risk
Let’s assume you have completed a detailed risk assessment, have identified a host of additional controls to purchase and implement, have the authority to spend $2,000,000 on additional controls and… go out shopping with your “bucket list”. You spend the...
How to Define Risk Categories
Let’s get this clear from the start – risk categories are important, and it is worth the effort to get them right. Let’s explore this: Your key corporate assets (both tangible and non-tangible) need to be categorised clearly as these assets...
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The Difference Between Risk and Source of Risk
Let’s assume you have completed a detailed risk assessment, have identified a host of additional controls to purchase and implement, have the authority to spend $2,000,000 on additional controls and… go out shopping with your “bucket list”. You spend the...
How to Define Risk Categories
Let’s get this clear from the start – risk categories are important, and it is worth the effort to get them right. Let’s explore this: Your key corporate assets (both tangible and non-tangible) need to be categorised clearly as these assets...
The difference between risks and issues
The international Standard on risk management (Risk Management—Guidelines ISO 31000:2018) defines a risk as “the effect of uncertainty on objectives”, where an effect may be positive, negative, or both, and can address, create or result in opportunities and threats. In...
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The Difference Between Risk and Source of Risk
Let’s assume you have completed a detailed risk assessment, have identified a host of additional controls to purchase and implement, have the authority to spend $2,000,000 on additional controls and… go out shopping with your “bucket list”. You spend the...
How to Define Risk Categories
Let’s get this clear from the start – risk categories are important, and it is worth the effort to get them right. Let’s explore this: Your key corporate assets (both tangible and non-tangible) need to be categorised clearly as these assets...
The difference between risks and issues
The international Standard on risk management (Risk Management—Guidelines ISO 31000:2018) defines a risk as “the effect of uncertainty on objectives”, where an effect may be positive, negative, or both, and can address, create or result in opportunities and threats. In...
Risk appetite vs Risk Tolerance
These are probably two of the most confusing and misunderstood terms in risk management and are often used interchangeably. The word appetite is useful to understand the notion of how it applies to risk. Risk appetite is the propensity of...
Multi-dimensional security assessments
Security is complex and multi-dimensional—we have threats, threat vectors, tactics, intention, vulnerabilities, risks, hazards, security controls and a plethora of other considerations to take into account when undertaking security assessments. Hence it should not come as a surprise that, to...
The difference between threats and hazards
Fundamental to understanding how to undertake threat and hazard assessments is being clear about the difference between a threat and hazard. Just as there is confusion about the difference between a threat and a risk, there is equal confusion...
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The Difference Between Risk and Source of Risk
Let’s assume you have completed a detailed risk assessment, have identified a host of additional controls to purchase and implement, have the authority to spend $2,000,000 on additional controls and… go out shopping with your “bucket list”. You spend the...
How to Define Risk Categories
Let’s get this clear from the start – risk categories are important, and it is worth the effort to get them right. Let’s explore this: Your key corporate assets (both tangible and non-tangible) need to be categorised clearly as these assets...
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The Difference Between Risk and Source of Risk
Let’s assume you have completed a detailed risk assessment, have identified a host of additional controls to purchase and implement, have the authority to spend $2,000,000 on additional controls and… go out shopping with your “bucket list”. You spend the...
How to Define Risk Categories
Let’s get this clear from the start – risk categories are important, and it is worth the effort to get them right. Let’s explore this: Your key corporate assets (both tangible and non-tangible) need to be categorised clearly as these assets...
The difference between risks and issues
The international Standard on risk management (Risk Management—Guidelines ISO 31000:2018) defines a risk as “the effect of uncertainty on objectives”, where an effect may be positive, negative, or both, and can address, create or result in opportunities and threats. In...
Risk appetite vs Risk Tolerance
These are probably two of the most confusing and misunderstood terms in risk management and are often used interchangeably. The word appetite is useful to understand the notion of how it applies to risk. Risk appetite is the propensity of...
Multi-dimensional security assessments
Security is complex and multi-dimensional—we have threats, threat vectors, tactics, intention, vulnerabilities, risks, hazards, security controls and a plethora of other considerations to take into account when undertaking security assessments. Hence it should not come as a surprise that, to...
The difference between threats and hazards
Fundamental to understanding how to undertake threat and hazard assessments is being clear about the difference between a threat and hazard. Just as there is confusion about the difference between a threat and a risk, there is equal confusion...
