Tools and Ideas for Risk Assessment and Business Continuity
|24 April, 2014|
The probability that a risk will occur in a particular year.
For example, if insurance data suggests that a serious fire is likely to occur once in 25 years, then the annualized rate of ocurrence is 1/25 = 0.04.
See Also: Annualized Loss Expectancy.
You are welcome to use these definitions for any purpose provided that an acknowledgement is made
to www.riskythinking.com and (if you're using HTML) you provide a link back to this site.
Risky Thinking Newsletter
Are you responsible for Business Continuity, Disaster Recovery, or Risk Management in your organization? Then you may wish to receive a free subscription to the the monthly Risky Thinking Newsletter. It contains news, opinions and articles of interest to people working in these areas.
Recent articles have included:
© Albion Research Ltd. 2014