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IT-related risk

Abbreviation(s) and Synonym(s):

None

Definition(s):

  The net mission/business impact (probability of occurrence combined with impact) from a particular threat source exploiting, or triggering, a particular information technology vulnerability. IT related-risks arise from legal liability or mission/business loss due to: 1. Unauthorized (malicious, non-malicious, or accidental) disclosure, modification, or destruction of information. 2. Non-malicious errors and omissions. 3. IT disruptions due to natural or man-made disasters. 4. Failure to exercise due care and diligence in the implementation and operation of the IT.
Source(s):
NIST SP 800-33 [Withdrawn]

  The net mission/business impact considering (1) the likelihood that a particular threat source will exploit, or trigger, a particular information system vulnerability and (2) the resulting impact if this should occur. IT-related risks arise from legal liability or mission/business loss due to, but not limited to: 1.               Unauthorized (malicious, non-malicious, or accidental) disclosure, modification, or destruction of information. 2.               Non-malicious errors and omissions. 3.               IT disruptions due to natural or man-made disasters. 4.               Failure to exercise due care and diligence in the implementation and operation of the IT.
Source(s):
NIST SP 800-27 Rev. A [Withdrawn]