Risk Management 101 for IT Professionals Essential Concepts - What Is a Risk?

The video tutorial introduces the concept of risk, defining it as an uncertain event that may or may not occur in the future. It distinguishes between negative and positive risks, providing examples from IT projects and business opportunities. The focus then shifts to IT security, emphasizing the importance of managing negative risks. The risk equation is explained as the potential for loss when a threat exploits a vulnerability, highlighting the need for effective risk management in IT systems.

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