Which term represents the chance of something happening?

Which term represents the chance of something happening?

• A. Impact
• B. Likelihood
• C. Hazard
• D. Integrity

Answer: (B)

Probability of an event occurring is what’s being tested; in asset protection this is labeled as likelihood. Likelihood captures the chance that a threat event will occur within a given period or under certain conditions. It’s the core idea behind risk calculations like risk = likelihood × impact, where likelihood tells you how probable it is that something will happen. Impact refers to the severity of the consequence if the event happens, not how likely it is. A hazard is a condition or source that could cause harm, rather than the probability of an event occurring. Integrity concerns whether information or systems remain accurate, tamper-free, and trustworthy, not the odds of an event taking place. So the term that represents the chance of something happening is likelihood, because it specifically denotes probability.

Probability of an event occurring is what’s being tested; in asset protection this is labeled as likelihood. Likelihood captures the chance that a threat event will occur within a given period or under certain conditions. It’s the core idea behind risk calculations like risk = likelihood × impact, where likelihood tells you how probable it is that something will happen.

Impact refers to the severity of the consequence if the event happens, not how likely it is. A hazard is a condition or source that could cause harm, rather than the probability of an event occurring. Integrity concerns whether information or systems remain accurate, tamper-free, and trustworthy, not the odds of an event taking place.

So the term that represents the chance of something happening is likelihood, because it specifically denotes probability.