Risk assessment - non-linear probability impact scale
Submitted by avidal on Thu, 03/28/2013 - 02:14
Hello
Why an organization would use non-linear probability impact (0.05, 0.1, 0.2, 0.4, etc) scales for risk assessment ?
From the book, the explanation is "the organization wishes to avoid high-impact threats or exploit high-impact opportunities even if they have relatively low probability".
However, i don't understand yet, please, any person can explain in other words?
Thanks in advance
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