Likelihood Assessment
What is Likelihood Assessment?
The evaluation of the probability that a specific threat will exploit a vulnerability, resulting in an adverse event.
Frameworks that govern likelihood assessment
What the standards actually require on likelihood assessment
Requirements naming likelihood assessment across this standard, quoted from the control text.
ISO/IEC 29134:20231 control
Assess likelihood of risks materialising considering threat sources, vulnerabilities, and existing controls.
ISO29134-7.2 · Likelihood Assessment →Questions people ask about likelihood assessment
What is Likelihood Assessment?
The evaluation of the probability that a specific threat will exploit a vulnerability, resulting in an adverse event.
Why is Likelihood Assessment important for compliance?
Likelihood Assessment is a key concept in Risk Management. Understanding likelihood assessment helps organizations meet regulatory requirements, reduce risk, and demonstrate due diligence during audits. Our compliance platform maps 686 frameworks with 311K cross-framework control mappings.
Which compliance frameworks address Likelihood Assessment?
Likelihood Assessment appears in the requirement text of ISO/IEC 29134:2023. Across these standards we have identified 1 control that names it directly, each linked to the control text on the compliance platform.
Where can I learn more about Likelihood Assessment?
Explore our compliance framework pages to see how likelihood assessment applies across different standards and regulations. Our implementation guides provide step-by-step guidance, and the compliance platform offers AI-powered analysis of how this concept maps across 686 frameworks.
See how Likelihood Assessment applies across compliance frameworks
Our platform maps 686 frameworks with 311K cross-framework control mappings. Explore how this concept is addressed across standards.
Written and maintained by Gerard Blokdyk, The Art of Service.