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Home Strong Authentication Bruce Schneier on Risk Analysis

Bruce Schneier on Risk Analysis

Bruce Schneier comments on the value of properly calculating probabilities when performing risk assessment. He cautions on focusing too much of risk assessment on "worst case" thinking. 

My nightmare scenario is that people keep talking about their nightmare scenarios....There's a certain blindness that comes from worst-case thinking. An extension of the precautionary principle, it involves imagining the worst possible outcome and then acting as if it were a certainty. It substitutes imagination for thinking, speculation for risk analysis, and fear for reason."

"Worst-case thinking leads to bad decisions, bad systems design, and bad security."