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The proliferation of cyber attacks—and their consequences for business in financial losses and reputational damage increases the scope of risk oversight.
"Wholesaler importation would limit the scope of risk and allow regulators to focus on the quality of the drugs, depending on the authority they give the F.D.A.," said an official at the agency who has been closely involved in the debate over the proposed legislation.
The paper offers policy-relevant input to ongoing efforts to broaden the scope of risk assessments of agricultural biotechnologies.
More benefits can be obtained by ignoring the small probability events and making decisions within the scope of risk tolerance [21].
Expanding the scope of risk assessment, more holistic concepts have been developed, for example the Organisation for Econonomic Co-operation and Development (OECD) concept of systemic risks which includes socio-economic aspects.
Altman concludes his post on a conciliatory note, "I think the best strategy is to try to legislate sensible safeguards but work very hard to make sure the edge we get from technology on the good side is stronger than the edge that bad actors get". As with AI, the sensible safeguards for biohacking must both understand the scope of risk and avoid hysteria.
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President Obama wants to limit the scope of risk-taking by barring banks with federally insured deposits from trading securities for their own accounts and from owning hedge funds and private equity funds.
In practical terms, quantitative risk analysis complements the scope of qualitative risk assessment, such as that found in the World Bank's formers' Operational Risk Assessment Framework (ORAF) which is now called the Systematic Operations Risk-Rating Tool (Systematic Operations Risk-Rating
The scope of Agency risk assessments describes the current identifiable context of the environmental risk that will (or can) be analyzed.
"We essentially are endorsing and expanding the scope of the risk discussion," said Neil J. Stone, vice chairman of the committee that wrote the guidelines and a cardiology professor at Northwestern University's Feinberg School of Medicine.
Duty, in other words, is measured by the scope of the risk which negligent conduct foreseeably entails. 2 F. Harper & F. James, The Law of Torts 18.2 (1956) footnote omitted).
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com