Risk Calculation
Noun · Security & Infosec
Definitions
The method used to combine factors such as likelihood, impact, exploitability, and asset criticality into a risk estimate or score. Risk calculation can be qualitative, quantitative, or hybrid, but it only helps if the assumptions behind the numbers are clear and defensible.
In plain English: The way an organization computes or estimates the seriousness of a risk.
Example: "Their old risk calculation overweighted CVSS and underweighted internet exposure, which led to poor prioritization."