Risk Impact

Definitions

1. The potential consequence or magnitude of harm if a security risk is realized, including financial loss, operational disruption, compliance penalties, safety issues, or reputational damage. Impact is only one side of risk, but it heavily influences how urgently something should be addressed.

   In plain English: How much damage a risk could cause if it happens.

   Example: "The bug seemed obscure until the team mapped the risk impact to lost payment processing and mandatory breach notifications."

Related Terms

• IT Risk
• Operational Risk
• Risk Acceptance
• Risk Analysis
• Risk Category
• Risk Communication
• Risk Control
• Risk Framework