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Threats are potential harmful occurrences. Vulnerabilities are the weaknesses that allow a threat to cause harm. Impact is the total cost of a successful attack. Which of the following choices is the correct formula for RISK?
Risk = Possibility x Threat
Risk = Vulnerability x .01
Risk = Threat x Instances
Risk = Threat x Vulnerability x Impact
The correct answer is Risk = Threat x Vulnerability x Impact. Risk values are typically calculated in a range of 1 to 5. [ Edit: There can not be one formula to calculate Risk for e.g. the CBK suggests Risk = likelihood x Impact, The Sybex official Study Guide suggests Risk = Threat x vulnerability x asset value]
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