risk optimization

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Definition(s):

A risk-related process to minimize negative and maximize positive consequences and their respective probabilities; risk optimization depends on risk criteria, including costs and legal requirements.
Source(s):
NISTIR 8286B

Glossary Comments

Comments about specific definitions should be sent to the authors of the linked Source publication. For NIST publications, an email is usually found within the document.

Comments about the glossary's presentation and functionality should be sent to secglossary@nist.gov.

See NISTIR 7298 Rev. 3 for additional details.