Risk management utilities are automated tools using a structured approach to managing uncertainty related to a threat, through a sequence of activities including: risk assessment, risk management strategy development and implementation, and mitigation of risk. Risk management utilities facilitates management task of securing their network from intrusion and minimize their risk exposure.
Risk management utilities provide a method of prioritizing the associated risk according to their severity of impact into certain levels like high, medium and low. This prioritization helps decision makers in prioritizing their efforts to mitigate such risks. This approach is based on the preposition that high risk to eads high probability