Risk (ITILv3):    A possible Event that could cause harm or loss, or affect the ability to achieve Objectives. A Risk is measured by the probability of a Threat, the Vulnerability of the Asset to that Threat, and the Impact it would have if it occurred.

See also: TBD

Risk (ITILv2):    A measure of the exposure to which an organization may be subject. This is a combination of the likelihood of a business disruption occurring and the possible loss that may result from such business disruption.

See also: TBD

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