Risk

Potential for uncontrolled loss due to underlying vulnerability or uncertainties

Nº Q104493 ★★★

Rare · Knowledge

Risk

Potential for uncontrolled loss due to underlying vulnerability or uncertainties

Risk is the possibility of something bad happening, comprising a level of uncertainty about the effects and implications of an activity, particularly negative and undesirable consequences. Risk theory, assessment, and management are applied but substantially differ in different practice areas, such as business, economics, environment, finance, information technology, health, insurance, safety, security, and privacy.

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From Wikipedia

Risk is the possibility of something bad happening, comprising a level of uncertainty about the effects and implications of an activity, particularly negative and undesirable consequences. Risk theory, assessment, and management are applied but substantially differ in different practice areas, such as business, economics, environment, finance, information technology, health, insurance, safety, security, and privacy. The international standard for risk management, ISO 31000, provides general guidelines and principles on managing risks faced by organizations.

Text: Wikipédia, CC BY-SA 4.0. · Image: Ryan Walker (Public domain) ·

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