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Measuring IT Risk

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Ashwith Moolya
Aug 27, 2022
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Measuring IT Risk

It is useful to introduce related terms, to properly measure IT risk.

Information security event

An identified occurrence of a system, service or network state indicating a

Possible breach of information security policy or failure of safeguards, or a

Previously unknown situation that may be security relevant.

Occurrence of a particular set of circumstances The event can be certain or uncertain.

The event can be a single occurrence or a series of occurrences.

Information security incident It is indicated by a single or a series of unwanted information security events that have a significant probability of compromising business operations and

Threatening information security. An event that has been assessed as having an actual or potentially adverse effect on the security or performance of a system.


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