objectively yours

We like to think of Security Risk Management as an objective practice. After all - if stakeholders are expected to foot the bill for mitigating risk, they will want to base such a decision on solid ground. They need facts, don't they?

Hold it right there.

What is a fact about risk? Risk concerns potential future events. What facts do we have about the future? That's right. None, whatsoever.

So, in the absence of facts - what can we offer? Is there such a thing as an objective risk assessment?