When preparing risk analysis reports, criticality is defined as the:

In risk analysis, criticality refers to the significance of a potential loss event, often measured in financial terms. This metric helps prioritize risks based on their potential impact on the organization, guiding resource allocation to address the most critical vulnerabilities.

ASIS Certified Protection Professional (CPP®) References:

Risk Assessment Frameworks: CPP materials define criticality as a key factor in evaluating the potential consequences of loss events.

Risk Prioritization: The impact of loss is central to determining the criticality of assets and threats in CPP’s risk management processes.