Step 4. Estimate the impact on your business or organization should a loss occur.
This question asks you to look at the cost of a loss, regardless of its likelihood. Can you function without the assets in question, or could a loss put you out of business? Are people's safety at risk? And if so, how does their lack of security affect your business's future success. When it comes to your business incurring a loss, what's the worst case scenario?
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