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study of vulnerabilities, threats, likelihood, loss or impact, and theoretical effectiveness of security measures. The process of evaluating threats and vulnerabilities, known and postulated, to determine expected loss and establish the degree of acceptability to system operations.

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Posted by mylife

Definition of: risk assessment

A report that shows assets, vulnerabilities, likelihood of damage, estimates of the costs of recovery, summaries of possible defensive measures and their costs and estimated probable savings from better protection. A "risk analysis" is the process of arriving at a risk assessment, which is also called a "threat and risk assessment." A "threat" is a harmful act such as the deployment of a virus or illegal network penetration. A "risk" is the expectation that a threat may succeed and the potential damage that can occur

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Posted by jahangir1983

http://www.examguides.com/cisco-ccna.htm

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Posted by waqasahmad

A study of vulnerabilities, threats, likelihood, loss or impact, and theoretical effectiveness of security measures. The process of evaluating threats and vulnerabilities, known and postulated, to determine expected loss and establish the degree of acceptability to system operations.

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Posted by waqqas1

Risk assessments is a common first step in a risk management process.

For details:
http://en.wikipedia.org/wiki/Risk_assessment

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Posted by sagitraz