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Further analysis of the model regarding risks associated with identified threats, prioritization of threats, and enumeration of the appropriate mitigating controls depends on the methodological basis for the threat model process being utilized. Threat modeling approaches can focus on the system in use, attackers, or assets.
Factor analysis of information risk (FAIR) is a taxonomy of the factors that contribute to risk and how they affect each other. It is primarily concerned with establishing accurate probabilities for the frequency and magnitude of data loss events. It is not a methodology for performing an enterprise (or individual) risk assessment. [1]
In strategic planning and strategic management, SWOT analysis (also known as the SWOT matrix, TOWS, WOTS, WOTS-UP, and situational analysis) [1] is a decision-making technique that identifies the strengths, weaknesses, opportunities, and threats of an organization or project.
Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g., that an accident happens) multiplied by the severity of that harm (i.e., the average amount of harm or more conservatively the maximum credible amount of harm).
It was initially proposed for threat modeling but was abandoned when it was discovered that the ratings are not very consistent and are subject to debate. It was discontinued at Microsoft by 2008. [2] When a given threat is assessed using DREAD, each category is given a rating from 1 to 10. [3]
The Occupational Safety and Health Administration (OSHA) establishes enforceable standards to prevent workplace injuries and illnesses. [2] In the EU, a similar role is taken by EU-OSHA. Occupational hazard, as a term signifies both long-term and short-term risks associated with the workplace environment.
As a result, it is imperative that an employer address all the potential [risk] factors at the workplace and educate all employees in safe work practices and risk awareness. In order to perform adequate risk assessment of injuries that occur in the workplace, health and safety professionals use resources such as the Haddon Matrix. This model ...
Risk assessment determines possible mishaps, their likelihood and consequences, and the tolerances for such events. [1] [2] The results of this process may be expressed in a quantitative or qualitative fashion. Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. [1] [3]