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Definitions and Terminology
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Risk
The potential that a given threat will exploit vulnerabilities of an asset or group of assets to cause loss and/or damage to the assets. It usually is measured by a combination of impact and probability of occurrence.
source: COBIT 4.0
combination of the probability of an event and its consequence
source: ISO17799:2005 and ISO27002:2005
the potential that a given threat will exploit vulnerabilities of an asset or group of assets and thereby cause harm to the organization. It is measured in terms of a combination of the probability of an event and its consequence
source: ISO13335-1, 2004
The possibility that an event will occur and adversely affect the achievement of objectives.
source: COSO, 2004
A possible event that could cause harm or loss, or affect the ability to achieve Objectives. A Risk is measured by the probability of a Threat, the Vulnerability of the Asset to that Threat, and the Impact it would have if it occurred.
source: ITIL v3, Service Operation, 2007
A possible event that could cause harm or loss, or affect the ability to achieve Objectives. A Risk is measured by the probability of a Threat, the Vulnerability of the Asset to that Threat, and the Impact it would have if it occurred.
source: ITIL v3, Service Design, 2007
A possible event that could cause harm or loss, or affect the ability to achieve Objectives. A Risk is measured by the probability of a Threat, the Vulnerability of the Asset to that Threat, and the Impact it would have if it occurred.
source: ITIL v3, Service Transition, 2007
A possible event that could cause harm or loss, or affect the ability to achieve Objectives. A Risk is measured by the probability of a Threat, the Vulnerability of the Asset to that Threat, and the Impact it would have if it occurred.
source: ITIL v3, Continual Service Improvement, 2007
A possible event that could cause harm or loss, or affect the ability to achieve Objectives. A Risk is measured by the probability of a Threat, the Vulnerability of the Asset to that Threat, and the Impact it would have if it occurred.
source: ITIL v3, Service Strategy, 2007
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