Impact is the possible damage when a threat actor exploits a vulnerability. Risk is calculated as likelihood × impact; both values can be assessed qualitatively or quantitatively. section 6.3.1
Risk depends on both dimensions: medium likelihood with high impact can yield high risk, as can critical likelihood with negligible impact. Low likelihood and low impact can yield negligible risk. Choose a matrix suited to organizational needs and context. section 6.3.1
Figure 6.4 Visualizing threat likelihood and impact for effective risk management
Use the likelihood-and-impact visualization to compare risk levels. section 6.3.1
