IT:AD:Risk Asessment [Notes]

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# IT:AD:Risk Asessment #

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## Notes ##

* Assess -> Respond -> Monitor
* Qualitative (High/Medium/Low) v. Quantitive (number based) Assessments
  * Business are more Quantitative Numbers.
* Single Loss Expectancy (SLE)
* Annulized Rate of Occurance (ARO)
* Annulised Losss of Of Expectancy (ALE)



## Risk Assessment

Likelihood (1-5) versus Consequences (1-5) 

Likelihood (Rare|Unlikely|Moderate|Likely|Almost Certain)
Consequences (INsignificant|Minor|Sig|Major|Severe)

Low to High..



* ISO-30000-1209

RISKS can be:
* Eliminated, Substituted, Controlled (isolation and guarding), Administered (training/work scheduling), Personal Protective Equipement (PPE). 

* CCSB: Accept, Avoid, Mitigate, Transfer the risk.