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2022 | OriginalPaper | Chapter
1. Core Concepts
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Abstract
Unsurprisingly, any discussion on security risk management is based on the concept of risk. The fact is risk is broadly misunderstood, which may partly explain historic difficulties in its assessment. The casual use of terminology might contribute to this misunderstanding, although it is unclear if a lack of linguistic rigor is actually a cause or an effect. Whatever its origins, evidence of confusion is commonplace. For example, conflation of basic terms like “threat” and “risk” occurs frequently, even among security professionals.