Non-Financial Probable Impact

Risk
impacts (in Million USD)

Risk 1: Data hacking which could lead to a breach and loss of Loss of data
data security 1.7 to 1.9

Risk 2: Use of old technology saws which leads to 15% raw Probable loss
material wastage employee branding 3.1 to 3.4 Mn

Risk 3: Pandemic induced market depression which could lead Loss in motivation
to reduced sales for the sales team 4.5 to 4.7 Mn
Risk 4: New regulations on working shifts that could lead to Lay-offs of night
shutting down of night shift working in factories shift workers 2.4 to 2.6 Mn
Risk 5: End customers preferring biodegradable plastic No growth in brand
packaging which may impact the current product line value 0.6 to 0.8 Mn
Probable velocity

High

Low

Medium

High

Low
 Probable Impact
Risk Impact Score
(in Million USD)
Risk 1: Data hacking 1.7 to 1.9 2
Risk 2: Use of old
technology 3.1 to 3.4 Mn 4
Risk 3: Declining sales 4.5 to 4.7 Mn 5
Risk 4: New regulations 2.4 to 2.6 Mn 3
Risk 5: Consumer preferring
biodegradable plastic
packaging 0.6 to 0.8 Mn 1

Impact Scale
1 0- 0.9Mn
2 1.0 - 1.9 Mn
3 2.0 - 2.9 Mn
4 3.0 - 3.9 Mn
5 4.0 Mn and above
 LIKELIHOOD RATINGS
Risk 2: Use of old
Members Risk 1: Data hacking Risk 3: Declining sales
technology
1 2 4 5
2 2 3 5
3 3 5 4
4 3 4 5
5 1 3 3
6 2 5 5
7 4 4 4
8 2 3 4
9 3 2 5
10 1 4 4
Average 2.3 3.7 4.4
Likelihood Score 2 4 4
 Risk 5: Consumer
Risk 4: New preferring
regulations biodegradable plastic
4 packaging 4
4 3
3 2
4 3
5 4
4 5
3 2
4 1
5 3
5 3
4.1 3
4 3
RISKS LIKELIHOOD IMPACT
Risk 1 Data hacking 2 2
Risk 2 Use of old technology 4 4
Risk 3 Declining sales 4 5
Risk 4 New regulations 4 3

Risk 5 Consumer preferring biodegradable plastic packaging 3 1

 5 Risk 3 Risk 4

4 Risk 2
IMPACT

2 Risk 1

1 Risk 5
1 2 3 4 5
LIKELIHOOD
 RISKS LIKELIHOOD

Risk 1 Data hacking 2

Risk 2 Use of old technology 4

Risk 3 Declining sales 4

Risk 4 New regulations 4

Risk 5 Consumer preferring biodegradable plastic packaging 3

PRIORIRISK JUSTIFICATION

Post pandemic there was a market

deperession, which was further leading
to loss of motivation in team. Also the
P1 Declining sales risk score for same is 20.

 Using old technology was leading to a

15% wastage of raw materials and was
P2 Use of old technology having a risk score of 16.

New regulations on working shifts that

could lead to shutting down of night
shift working in factories and was
P3 New regulations having a risk score of 12.

Data hacking, which could lead to a

breach and loss of data, although the
P4 Data hacking risk score is on the lower side at 4.
End customers preferring biodegradable
plastic packaging, which might impact
the current product line, but as the
impact in insignifcant and have a risk
P5 Consumer preferring biodegradable plastic packaging score 3.
IMPACT VELOCITY RISK SCORE AGGRAVATING FACTOR

2 High 4 No cyber security team

4 Low 16 No advancement of technology

5 Medium 20 Lack of employee motivation sessions & Incentives

3 High 12 Lack of machinery to make all emplyees work in day shift

1 Low 3
 MITIGATING STRATEGIES

Keep a track on internal server and plot a team that works on the cyber security of it.

Brain storming sessions to motivate employees.