Risk Management for Cyber Security Managers - Risk Assessment

The video tutorial explains how to assess risks by evaluating their likelihood and impact. It introduces the concepts of qualitative and quantitative measures for both likelihood and impact, providing examples to illustrate these assessments. The tutorial also discusses how to combine these factors to determine the overall risk level, categorizing risks as low, medium, or high based on their scores.

What is the score for a risk that might cause damages worth over $50,000?

How can you combine likelihood and impact ratings to assess a risk?

What would you classify a risk with a score between 7 and 17?