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FAIR and ESRM, exploring common ground with Jack Freund

Caffeinated Risk

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Understanding the Challenges of Quantifying Risk

This chapter delves into the difficulties of quantifying risk and the importance of understanding the relationship between impact and risk. It explores the use of expert opinions and simulations to determine likelihood, as well as the struggle to convince some individuals to measure security risks. The chapter also touches upon the assumptions made in risk assessment and the availability of data for analysis.

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