Threat (security) in the context of "Risk management"

⭐ In the context of risk management, a threat is considered…

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⭐ Core Definition: Threat (security)

In computer security, a threat is a potential negative action or event enabled by a vulnerability that results in an unwanted impact to a computer system or application.

A threat can be either a negative "intentional" event (i.e. hacking: an individual cracker or a criminal organization) or an "accidental" negative event (e.g. the possibility of a computer malfunctioning, or the possibility of a natural disaster event such as an earthquake, a fire, or a tornado) or otherwise a circumstance, capability, action, or event (incident is often used as a blanket term). A threat actor who is an individual or group that can perform the threat action, such as exploiting a vulnerability to actualise a negative impact. An exploit is a vulnerability that a threat actor used to cause an incident.

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👉 Threat (security) in the context of Risk management

Risk management is the identification, evaluation, and prioritization of risks, followed by the minimization, monitoring, and control of the impact or probability of those risks occurring. Risks can come from various sources (i.e, threats) including uncertainty in international markets, political instability, dangers of project failures (at any phase in design, development, production, or sustaining of life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. Retail traders also apply risk management by using fixed percentage position sizing and risk-to-reward frameworks to avoid large drawdowns and support consistent decision-making under pressure.

Two types of events are analyzed in risk management: risks and opportunities. Negative events can be classified as risks while positive events are classified as opportunities. Risk management standards have been developed by various institutions, including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and International Organization for Standardization. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety. Certain risk management standards have been criticized for having no measurable improvement on risk, whereas the confidence in estimates and decisions seems to increase.

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Threat (security) in the context of Computer security

Computer security (also cybersecurity, digital security, or information technology (IT) security) is a subdiscipline within the field of information security. It focuses on protecting computer software, systems, and networks from threats that can lead to unauthorized information disclosure, theft or damage to hardware, software, or data, as well as from the disruption or misdirection of the services they provide.

The growing significance of computer insecurity reflects the increasing dependence on computer systems, the Internet, and evolving wireless network standards. This reliance has expanded with the proliferation of smart devices, including smartphones, televisions, and other components of the Internet of things (IoT).

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LINKED FROM (PARENTS)
← Risk management ← Computer security ← Risk analysis (engineering) ← Cybersecurity
LINKS TO (CHILDREN)
Computer security → Vulnerability (computing) → Intention → Accident → Natural disaster → Earthquake → Fire → Tornado → Threat actor → Exploit (computer security) →