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Potential damage

  • Low
  • Medium
  • High
  • Very high

Decisions:

  • Accept:  acknowledge the risk, but do not take any action before it hits
  • Mitigate: take measures to reduce the probability of occurrence or the potential damage
  • Avoid: do something else without this risk, e.g. nothing
  • Transfer: let someone else take care of it, e.g. insurance
  • (Deny the risk: not allowed to choose, but many managers do this nevertheless...)



Probability of occurrence Potential damageDecision    Reasons

Financial
1

GAFAM

  • (once in 10 years)
  • (once in 5 years)
  • (once in 2 years)
  • (once in 1 years)
  • (many time in a year)
  • Low   
  • Medium
  • High
  • Very high
  • Accept
  • Mitigate
  • Avoid
  • Transfer
  • Deny

2

Competing technology





3

Market Growth Challenges





4

Environmental cost





Legal5

Governments Rules





6

International Compatibility (ex. GDPR)





Strategic7

Dependency 





8

Intermediaries





9

Acceptance





10

Engagement (Governance Rules)





11

Usability





12

Interoperability (Standards and Protocols)





13

Integration





14

Communication (Marketing)





Security15

Physical vulnerabilities (Device lost)





16

Protecting sensitive data







  • Consensus
100



90



80



70



60



50



40



30
e.g. Physical vulnerabilities (Device lost)

20



10



percentage of occurrence  Probability / Potential damageLowMediumHighVery High
  •  No-consensus-pile

.....

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