What are examples of quantitative impacts in risk assessment?

Quantitative impacts in risk assessment are expressed in measurable terms that provide a clear, objective understanding of the potential effects of risks. This is why percentages, numbers, and money are considered accurate examples of quantitative impacts. They allow an organization to quantify risk in terms of potential losses, financial costs, or probabilities, offering a concrete basis for decision-making and prioritization.

For instance, if a risk assessment indicates a 30% chance of a data breach leading to a financial impact of $1 million, this provides a clear financial understanding of the risk, which can inform the organization's risk mitigation strategies effectively.

In contrast, other choices like risk matrices offer a visual representation of risk levels but do not quantify impacts in numerical terms. Similarly, verbal descriptions provide qualitative insights but lack the precision needed for quantitative assessments. Thus, relying on percentages, numbers, and monetary values allows for a more rigorous analysis of risks.