The four classes of IT Risk elements according to their source and potential impact on organizations, specifically:
• Security Risk—that information will be accessed, manipulated or used by unauthorized parties
• Availability Risk—that information or applications will be made inaccessible by process, people or systems failures, or natural disasters
• Performance Risk—that underperforming systems, applications, staff, or organizations will diminish business productivity or value
• Compliance Risk—that information handling or processing will fail to meet regulatory, IT or business policy requirements
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