When conducting a risk analysis, what is the term used to describe the probability that a given threat is capable of exploiting a particular vulnerability within an organization's security?
Threat Level
Vulnerability
Likelihood
Impact
The term 'Likelihood' refers to the probability that a given threat could potentially exploit a specific vulnerability within an organization's security framework. Understanding and determining the likelihood is crucial in risk management as it helps prioritize risks and informs decision making regarding the implementation of controls.
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