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Mapping the effects of drought on vulnerable populations

The greater frequency of droughts, combined with underlying economic, social and environmental risks, means that dry spells have an increasingly destructive impact on vulnerable populations, and particularly on children in ...

High lead concentrations found in Amazonian wildlife

It is in industrialised countries and regions of the world where one can find the highest concentrations of lead, the world's most widespread neurotoxical accumulative metal. Thus, it was presumed that the Amazon, the world's ...

Urban trees found to improve mental and general health

People in urban areas have a lower risk of developing psychological distress and better overall health if they have more trees within a walkable distance from their homes, a study by University of Wollongong (UOW) researchers ...

Tuna are spawning in marine protected areas

Marine protected areas are large swaths of coastal seas or open ocean that are protected by governments from activities such as commercial fishing and mining. Such marine sanctuaries have had rehabilitating effects on at-risk ...

Equifax to pay up to $700M in data breach settlement

Equifax has agreed to pay $700 million, potentially more, to settle with the federal authorities and states over its 2017 data breach that exposed the Social Security numbers and other private information of nearly 150 million ...

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Risk

Risk is a concept that denotes the precise probability of specific eventualities. Technically, the notion of risk is independent from the notion of value and, as such, eventualities may have both beneficial and adverse consequences. However, in general usage the convention is to focus only on potential negative impact to some characteristic of value that may arise from a future event.

RISK can be defined as “the threat or probability that an action or event will adversely or beneficially affect an organisation's ability to achieve its objectives”[1]. In simple terms risk is ‘Uncertainty of Outcome’, either from pursuing a future positive opportunity, or an existing negative threat in trying to achieve a current objective.

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