The Modeling of Risk Evaluation, Risk Appetite, and Risk Tolerance

Author: Luigi Sbriz, CISM, CRISC, CDPSE, ISO/IEC 27001:2022 LA, ITIL V4, NIST CSF, UNI 11697:2017 DPO
Date Published: 18 December 2024
Read Time: 11 minutes
Related: Artificial Intelligence: A Primer on Machine Learning, Deep Learning, and Neural Networks | Digital | English
italiano

The search for practical methods to represent and evaluate risk is undoubtedly a topic of methodological interest. In risk management, it is necessary to establish, through appropriate valuation metrics, the level of risk and its probability and impact components, as well as the concepts of risk appetite and tolerance...

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