Episode 75 — Evaluate Risk in Business Terms Using Likelihood, Impact, and Exposure
This episode explains how to evaluate risk in business terms using likelihood, impact, and exposure, a core exam competency because the certification expects leaders to justify priorities and treatments using consistent, defensible reasoning. You will learn how likelihood depends on your context, how impact includes operational disruption, financial loss, legal obligations, and trust damage, and how exposure reflects reachability and vulnerability of assets, then combine these into clear risk statements that support decision making. We cover best practices like standardizing scales, documenting assumptions, and re-evaluating risk when conditions change, plus how to communicate uncertainty without losing credibility. Examples include comparing two competing risks, explaining why an exposed system with moderate severity may outrank a high severity internal issue, and translating technical findings into business outcomes that stakeholders understand. Troubleshooting considerations include vague scoring, inconsistent definitions across teams, and risk discussions that skip residual risk and treatment options, reinforcing a disciplined approach that leaders can repeat and defend. Produced by BareMetalCyber.com, where you’ll find more cyber audio courses, books, and information to strengthen your educational path. Also, if you want to stay up to date with the latest news, visit DailyCyber.News for a newsletter you can use, and a daily podcast you can commute with.
