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Home / Risk Glossary / Risk Analysis		11 May, 2008

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Risk Analysis (Definition)

The analysis of an environment for risks. Each risk is evaluated according to the losses it may cause, probability of occurrence, the cost of countermeasures to mitigate the risk, and the likely loss if those countermeasures were implemented.

The output from a risk analysis is typically a prioritized list of risks together with a cost/benefit analysis for possible countermeasures.

How far away should a hot site or mirror site be?
A question that is often asked when designing a disaster recovery plan is how far away a hot site or mirror site should be. Is there a simple answer? (More...)

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