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Home / Risk Glossary / Risk Terms		7 January, 2009

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Michael Z. Bell

A Glossary of Risk Related Terms

These terms are commonly used in discussions of risk assessment, particularly in the field of business continuity planning.

A

ABCDEF	ALE	Alternate Site
Annual Loss Expectancy	Annual Rate of Occurrence	Annualized Loss Expectancy
Annualized Rate of Occurrence	ARO	Asset
Asset Risk	Asset Value	Asynchronous Replication
AV

B

Backlog	BCDR	BCP
BIA	BS 7799	Business Continuity Planning
Business Impact Analysis	Business Interruption

C

Call Tree	Chatham House Rule	Checklist Test
Children's Online Privacy Protection Act	Cold Site	Consortium Agreement
Continuity of Operations Plan	COOP	COPPA
Crate & Ship	Critical Data Point	Critical Functions
Critical Infrastructure	Critical Records

D

Declaration Fee	Differential Backup	Disaster Recovery Planning
DRP

E

Electronic Vaulting	Emergent Risk	Emerging Risk
Exposure	Exposure Factor

F

Full Interruption Test

G

H

I

Incremental Backup	Inherent Risk	Investment Risk
ISO 17799

L

Lockdown Procedure

M

MAA	MAO	Maximum Acceptable Outage
Maximum Tolerable Downtime	Minimum Service Level	Mobile Site
MTD	Mutual Assistance Agreement

P

Parallel Test	Peril	Pharming
Phishing	Podslurping	Pure Risk

Q

Quick Ship Ageement

R

Reciprocal Agreement	Recovery Period	Recovery Point Objective
Recovery Time Objective	Risk	Risk Analysis
Risk Assessment	Risk Mitigation	Risk Tolerance
RPO	RTO

S

Shelter-In-Place Procedure	Simulation Test	Single Loss Expectancy
SLE	Software Escrow Agreement	Speculative Risk
Structured Walk-Through Test	Synchronous Replication

T

Table-Top Exercise

W

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