Risk Formula: What's wrong with it?
Update: 2020-03-01
Description
Today’s episode we will discuss the popular risk formula, “Risk = Threat x Vulnerability x Consequence/Impact and its limitations to actually provide accurate information for a cybersecurity investment or tactical decision. I will be leveraging the “Risk Analysis and Management for Critical Asset Protection (RAMCAP) framework that was also used by the Department of Homeland Security.
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