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Risky Thinking
Tools and Ideas for Risk Assessment and Business Continuity
23 April, 2014
Business Impact Assessment and Risk Register tool.

A Glossary of Risk Related Terms

These terms are commonly used in discussions of risk assessment, particularly in the field of business continuity planning.

A

ABCDEF ALE Alternate Site
Annual Loss Expectancy Annual Rate of Occurrence Annualized Loss Expectancy
Annualized Rate of Occurrence ARO Asset
Asset Risk Asset Value Asynchronous Replication
AV

B

Backlog BCDR BCP
BIA BS 25999 BS 7799
Business Continuity Planning Business Impact Analysis Business Interruption

C

Call Tree Chatham House Rule Checklist Test
Children's Online Privacy Protection Act Cold Site Consortium Agreement
Continuity of Operations Plan Control Risk COOP
COPPA Crate & Ship Critical Data Point
Critical Functions Critical Infrastructure Critical Records

D

Declaration Fee Differential Backup Disaster Recovery Planning
DRP

E

Electronic Vaulting Emergent Risk Emerging Risk
Exposure Exposure Factor

F

FEMA Full Backup Full Interruption Test

G

Gap Analysis

H

Hazard Hot Site

I

ICT Incremental Backup Inherent Risk
Investment Risk ISO 17799 ISO 22301
ISO 27301

L

Lockdown Procedure

M

MAA MAO Maximum Acceptable Outage
Maximum Tolerable Downtime Maximum Tolerable Period of Disruption Minimum Service Level
Mobile Site MTD MTPD
MTPOD Mutual Assistance Agreement

P

Parallel Test Peril Pharming
Phishing Podslurping Pure Risk

Q

Quick Ship Ageement

R

Reciprocal Agreement Recovery Period Recovery Point Objective
Recovery Time Objective Residual Risk Return on Security Investment
Risk Risk Analysis Risk Assessment
Risk Mitigation Risk Tolerance ROSI
RPO RTO

S

Shelter-In-Place Procedure Simulation Test Single Loss Expectancy
SLE Software Escrow Agreement Speculative Risk
Structured Walk-Through Test Synchronous Replication

T

Table-Top Exercise

W

Warm Site

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© Albion Research Ltd. 2014