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Explain how a weakness in a system can become a documented cyber risk, and distinguish the roles of threat, vulnerability, impact, and control.

Answer

A threat is an actor or event that may cause harm. A vulnerability is a weakness the threat could exploit. If exploitation could affect an asset, the organization assesses likelihood and impact to rate initial risk. It then applies controls to reduce risk and reassesses the remaining exposure as residual risk.

Explanation

### Why this is right A risk assessment connects a possible source of harm to a weakness and to consequences for an asset. The organization estimates how likely the event is and how serious its effects would be, then evaluates whether controls reduce the exposure. ### The concept A threat might be a cybercriminal seeking account information. A vulnerability might be a weak password that gives that actor a way to gain access. Impact describes the harm if the threat succeeds, such as loss of access to data or damage to operations. A control, such as enforcing a password policy, is applied to reduce likelihood or limit harm. The risk left after controls is residual risk, which should be assessed rather than assumed to be zero. ### What a good answer covers - Defines threat as a possible source of harm. - Defines vulnerability as an exploitable weakness. - Explains that likelihood and impact inform the risk rating. - Describes controls and the reassessment of residual risk. ### Terms - **Impact**: The severity of harm if a threat event occurs. - **Likelihood**: The estimated chance that a threat event will occur. ### Remember A weakness becomes a risk concern when a threat could exploit it and cause an impact.

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