What three factors primarily affect risk in security?

The primary factors that affect risk in security are consequence, probability, and vulnerability. Each factor plays a crucial role in assessing and managing security risks.

Consequence refers to the potential impact or damage that could result from a security breach or incident. Understanding the severity of the consequences helps organizations prioritize their resources and focus on protecting the most critical assets.

Probability deals with the likelihood of a security incident occurring. Evaluating probability enables organizations to assess which threats are more likely to affect them and helps inform preventive measures.

Vulnerability is the susceptibility of a system or asset to harm. It takes into account the existing weaknesses that could be exploited by threats, making it essential to identify and mitigate these vulnerabilities to reduce overall risk.

Together, these three factors create a framework for evaluating and managing security risks effectively. By understanding the interplay between consequence, probability, and vulnerability, security professionals can better prepare and implement strategies to protect against potential threats.