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Thu, 19 Mar 2020 / Explorer Improvement - Risks and Risk Radar
We have introduced a new type of element to the blueprint in the ITONICS Explorer: Risks.
A risk defines a situation that, depending on the individual risk level, may occur with a certain probability influencing at least one target. Typical consequences include quantifiable loss, harm, danger, or any other negative event, usually resulting in a more or less serious damage (oftentimes of an economic nature). Risk triggers are usually internal or external vulnerabilities that could have been eliminated by preventive measures.
We have also added a Risk portfolio and a default Risk Radar configuration to visualize the impact of those risks. For more information, have a look at the following pages: