riskbaserat

Riskbaserat is a Swedish term that translates to "risk-based" in English. It refers to an approach or methodology where decisions, actions, and resource allocation are primarily guided by an assessment of potential risks. Instead of treating all situations or entities equally, a risk-based approach prioritizes those that present the highest potential for negative outcomes or the greatest opportunity for positive outcomes, depending on the context.

This principle is widely applied across various sectors. In regulatory contexts, for instance, supervisory authorities often adopt a risk-based approach, focusing their efforts on businesses or activities deemed to have a higher risk of non-compliance or causing harm. This allows for more efficient use of resources by concentrating on areas where intervention is most likely to be effective. In project management, a risk-based approach involves identifying potential project risks, assessing their likelihood and impact, and developing strategies to mitigate or manage them. Similarly, in information security, a risk-based approach dictates that security measures are implemented based on the identified threats and vulnerabilities to the systems and data. The core idea is to allocate resources and attention in proportion to the level of risk involved, aiming for optimal protection or outcome.