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Tag Archives: inductive logic

Why the “Risk = Threat x Vulnerability x Impact” Formula is Mathematical Nonsense — Part 2

– In my last post, I argued that security risk managers should stop using the “Risk = Threat x Vulnerability x Impact” formula (hereafter, the “R=TVC formula”), for two reasons. First, the variables “Threat” and “Vulnerability” are typically undefined; indeed,…

Decision Theory is the Foundation for Information Security Risk Management

– Disclaimer: I originally wrote the following text as a post to a mailing list in 2005, but it still seems applicable today. The more I read the writings of various information security professionals about information security risk analysis (ISRA), the more I’m struck by the following…