Talking Risk

On another note, at the gate where the security officer come out and check the vehicle, that’s part of risk management?

Yes it does; which means there is more work to be done. You see now why the A/C has to be so cold!

Yes it is. One of the objectives is to prevent unauthorized access to the campus, so they have to confirm who is entering.

Good stuff. This affects likelihood; so in this case, because of all these initiatives, the likelihood is probably a 3.

But that still makes it a high risk area.

Oh Ok. Because I know they check boxes when you leaving the Bank. So I was thinking maybe they checking to see if you thief anything and bringing it on the campus.

Really?? Trust you to think that! I think is a good thing because with all that is going on these days you can’t be too careful. The impact of unauthorized access would be very high, because people can do some serious damage.

Yes, but with them checking, and all the cameras they have, I would think the likelihood would be about a 2 . A lot of people forgetting to put back up they window tho’.

Well I guess you don’t have that problem ... your windows stuck in one position – UP.

Boy, I just got the loan approved today.

Who talking - walking! It gets me from point A to point B!

I happy for you, because you were becoming a real risk to the Bank. You pull up by the gate, you windows can’t go down and you back doors can’t open! You lucky they let you in.

Wait, you aint get you new car yet?

Did you realize that in the security example, the risk score was 10? That’s because, although the impact was very high, the likelihood was low because of the controls. That’s why its’s important to complete the risk assessment and look at all the factors before saying a risk is high or low.