Impact resulting from risk being realized is often measured in terms of ____________.

Amount of data lost is a specific type of impact, but not the universal measure for all types of risk impact; for example, a system outage might not lose data but cause significant financial loss.

While risk impact can manifest in various forms (data loss, property damage, reputational harm, human impact), the most common and standardized way to measure and compare the overall severity of risk realization in a business context is by translating these impacts into monetary terms. This allows organizations to perform cost-benefit analyses for mitigation strategies and prioritize risks based on potential financial loss.

Amount of property lost is another specific type of impact, and many risks (e.g., reputational damage, operational disruption) do not involve physical property loss.

Number of people affected is a measure of human impact, relevant for some risks (e.g., safety, HR), but not a universal financial quantification of all risk impacts.