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A tech company employs the single loss expectancy (SLE) and annualized loss expectancy (ALE) models for quantitative assessment and uses subjective judgment for qualitative analysis.
A tech company employs the single loss expectancy (SLE) and annualized loss expectancy (ALE) models for quantitative assessment and uses subjective judgment for qualitative analysis. They use a heat map or traffic light impact matrix to represent the severity of the risk, its likelihood, cost of controls, etc. What is the primary benefit of the company's approach of combining both quantitative and qualitative risk assessment methods
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