Risk Acceptance
| 1. Risk Acceptance is to make an informed decision to accept the probability and impact of a particular risk. Risk Acceptance depends on risk criteria.
Related Terms: Risk Treatment, Risk Tolerance, Residual Risk.
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(Source: Business Continuity Management Institute - BCM Institute) |
2. An informed decision to accept the probability and impact of a particular risk.
(Source: Singapore Standard 540 - SS 540:2008)
3. An informed decision to accept the consequences of likely events based on risk criteria.
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(Source: ENISA - the European Network and Information Security Agency. BCM & Resilience Glossary) |
