Browse Definitions :
Definition

known known

A known known is information that is fully studied and well understood, so that an individual or organization can have confidence in its comprehension and relevance. In project management, for example, capitalizing on known knowns can help reduce risk.  

The term known known is one of four categories of information, which also include known unknowns, unknown knowns and unknown unknowns.

A known unknown is information that is understood to exist but is not in the possession of the person seeking it. For example, someone querying a search engine might be looking for the time of a movie: They are aware that the movie is scheduled for a particular time but do not know what that time is.

An unknown known is information that an individual or organization has in its possession but whose existence, relevance or value has not been realized.

An unknown unknown, the fourth category, is information that a person or organization is completely unaware of. Unknown unknowns represent the most risk to a business because something that is unforeseeable is very hard to prepare for.

This was last updated in March 2019

Continue Reading About known known

SearchCompliance
  • smart contract

    A smart contract is a decentralized application that executes business logic in response to events.

  • compliance risk

    Compliance risk is an organization's potential exposure to legal penalties, financial forfeiture and material loss, resulting ...

  • information governance

    Information governance is a holistic approach to managing corporate information by implementing processes, roles, controls and ...

SearchSecurity
  • threat modeling

    Threat modeling is a procedure for optimizing application, system or business process security by identifying objectives and ...

  • social engineering

    Social engineering is an attack vector that relies heavily on human interaction and often involves manipulating people into ...

  • distributed denial-of-service (DDoS) attack

    A distributed denial-of-service (DDoS) attack is one in which multiple compromised computer systems attack a target, such as a ...

SearchHealthIT
SearchDisasterRecovery
  • change control

    Change control is a systematic approach to managing all changes made to a product or system.

  • disaster recovery (DR)

    Disaster recovery (DR) is an organization's ability to respond to and recover from an event that affects business operations.

  • risk mitigation

    Risk mitigation is a strategy to prepare for and lessen the effects of threats faced by a business.

SearchStorage
  • storage security

    Storage security is the group of parameters and settings that make storage resources available to authorized users and trusted ...

  • cloud storage

    Cloud storage is a service model in which data is transmitted and stored on remote storage systems, where it is maintained, ...

  • cloud data management

    Cloud data management is a way to manage data across cloud platforms, either with or instead of on-premises storage.

Close