What is threat, likelihood, and impact?

What is threat, likelihood, and impact? The video explains risk management: threats, likelihood, and impact. It illustrates these concepts using a golf course analogy. By understanding these principles, organizations can proactively identify risks and safeguard their operations and assets.

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Chapters
00:20 Introduction
00:38 Definition of a Threat
00:52 Examples of a Threat
01:27 Significance of a Threat
01:37 Understanding Likelihood
01:47 Factors Influencing Likelihood
01:57 Example of Likelihood
02:22 Importance of Assessing Likelihood
02:32 Meaning of Impact
02:44 Categories of Impact
02:54 Examples of Impact
04:34 Thank You for Watching