Daily minor paper cuts are escalated as high organizational risk solely because they occur frequently. What correction does the likelihood-consequence view require?
Select an answer to reveal the explanation.
Short Explanation
Lots of tiny paper cuts does not equal a warehouse fire. Frequency without severity is noisy, not automatically 'high risk.' Weigh how often and how bad together.
Full Explanation
High likelihood alone does not make a risk high priority when consequence is negligible. Likelihood and consequence must be read jointly on the organization's scales. Escalating trivial frequent harms as top enterprise risks misallocates attention. Frequency still matters for local controls, but severity remains essential to rating.