BrandPost: Risk = Likelihood x Impact

If you’ve seen an airline in the news recently, it’s probably been another story of a company brought to its knees by technology risk.For businesses, technology risk is governed by one equation:Risk = Likelihood x Impact This means that the total amount of risk exposure is the probability of an unfortunate event occurring, multiplied by the potential impact or damage incurred by the event. If you put a dollar value on the impact, then you can value the risk and in a simple way c