FAIR Risk Fundamentals 1

This class was created by Brainscape user Harry H. Visit their profile to learn more about the creator.

Decks in this class (15)

What is Risk?
What is risk 1,
What is risk in fair 2,
Risk is 3
11  cards
Terminology
Asset 1,
Threat 2,
Alternatives to threat 3
11  cards
Heat Maps
Is it ok to use heat maps 1,
Reasons to use heat maps 2,
How are verbal descriptions of pr...
9  cards
Risk Management Stack
What is needed to attain risk mea...,
Prediction 2,
Statement of probability 3
8  cards
Estimation
Probability vs prediction 1,
Accuracy vs precision 2,
Ranges are wider because of 3
5  cards
Monte Carlo Simulation
Monte carlo 1,
Monte carlo simulation general 2,
Point estimates 3
9  cards
FAIR Model
Risk 1,
Risk components 2,
Loss event frequency 3
32  cards
Losses
6 types of losses 1,
Productivity 2,
Response 3
13  cards
Threats and Vulnerabilities
Vulnerability 1,
Calculate vulnerability 2,
Threat capability continuum 3
11  cards
Analysis Scoping
How can assumptions be managed 1,
What is analysis scoping 2,
Key asset example 3
11  cards
Collecting data and estimates
What are context specific questio...,
What do context specific question...,
Make sure to document 3
9  cards
Controls
4 categories of controls 1,
Avoidance controls 2,
Deterrence controls 3
14  cards
Risk Reporting
Capacity for loss 1,
Tolerance for loss 2,
Fragile condition 3
13  cards
Risk Management Graphic
Effective risk management requires 1,
Well informed decisions require 2,
Effective comparisons are based on 3
10  cards
Room For Improvement
Contact types 3 1,
Level of confidence rating applie...,
Calibrated estimates steps 5 3
5  cards

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FAIR Risk Fundamentals 1

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