Security

Evolve Bank & Trust confirms its data was stolen in cyber attack

Evolve Bank & Trust confirmed it was the victim of a cyber attack and that customer data had been posted on the dark web, less than two weeks after the Arkansas-based lender was ordered by regulators to improve its risk management ...

Business

EU accuses Apple of breaking bloc's digital rules

Apple risks billions of euros in fines after the European Union on Monday accused the iPhone maker of violating the bloc's landmark digital rules by hindering competition on its App Store.

Automotive

Is a train's risk of derailment affected by its length?

Longer freight trains are more likely to derail compared with shorter trains, according to new research published in Risk Analysis. The increased risk held even after accounting for the need for fewer trains if more cars ...

Engineering

Researchers propose a new method for wind turbine blade recycling

While wind energy is becoming one of the fastest-growing energy sources in the world, wind turbine blade waste emerges as a critical issue. Addressing this urgent environmental concern, Lithuanian researchers have developed ...

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

This text uses material from Wikipedia, licensed under CC BY-SA