A security team is deciding how to measure potential losses from events. Which method focuses on precise numerical estimates to guide decisions?
Compliance review
Quantitative approach
Scenario-based approach
Qualitative approach
One of these methods uses numeric data to assess potential impacts. Approaches that rely on broad descriptions or general narratives do not incorporate numeric values in the same way and are not aimed at estimating costs with detail. Compliance review centers on adherence to regulations, not on numerical estimation.
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