Difference between revisions of "Risk Assessment"

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==Problems==
 
==Problems==
 
The goal of a [[Risk Management]] system will have major implications for the type of [[Risk Assessment]] performed.
 
The goal of a [[Risk Management]] system will have major implications for the type of [[Risk Assessment]] performed.
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For example, it has been shown that it is not possible for predictions to be made about the likelihood of future events without a series of assumptions, which have been shown to be unlikely to all be simultaneously true
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# the base statistics need to be the same for different
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Mark Twain had it right when he declared that there are liers, there are damn liers and there are statisticians.
  
 
==References==
 
==References==

Revision as of 19:30, 10 August 2021

Full Title or Meme

Risk Assessment can take many forms depending on the principal that bears the risk of loss and the metric that is to be minimized.

Context

While this topic focuses just on the risk of Identity Management there are still many principals that can suffer loss in any digital interchange.

  1. Users
  2. Identifier and Appribute Providers
  3. Relying Partiers
  4. Tursted Third Parties

There are several objective:

  1. Liability to tort actions
  2. Fines from Government bodies
  3. Loss of reputation
  4. Loss of Privacy
  5. The appearance of fairness in the court of public opinion.

Problems

The goal of a Risk Management system will have major implications for the type of Risk Assessment performed.

For example, it has been shown that it is not possible for predictions to be made about the likelihood of future events without a series of assumptions, which have been shown to be unlikely to all be simultaneously true

  1. the base statistics need to be the same for different

Mark Twain had it right when he declared that there are liers, there are damn liers and there are statisticians.

References