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Answer Posted / mercy
Before discussing risk analysis the following definitions
would help you understanding risk analysis.
Risk: Potential loss to an organization.
Threat: This is something capable of exploiting
vulnerability in the security of a computer or application.
Vulnerability: This is a design, implementation or
operations flaw that may be exploited by a threat.
Control: This is the anything that tends to cause the
reduction of the risk.
Risk Analysis is the process of evaluating risks, threats,
vulnerability and controls.
Eg: Consider fire as a risk. Risk is always there but it
would result in loss only when one leaves a can of gasoline
in house. Then gasoline becomes a threat.
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