Figure 1 provides examples of statements of risk appetite stated in binary terms as being acceptable or not. The examples focus on cybersecurity risk, though the analogy may be extended to other kinds of IT risk, of which cybersecurity risk is a subset.
Indian Cobra or the Naga: Of all the animals worshiped in India, the cobra snake has been one of the most significant symbol in Hinduism associated with wealth, power and fertility that has the longest history. Snake worship can vary from worship of the naga deities associated with water, direct worship of living snakes.
This image harks back to an early time before patriarchy. It refers to the Minoan snake goddesses. Snakes are not thought of here as symbols of sin and evil, as in Christian mythology, but as symbols of divine wisdom. Athena is the goddess of wisdom, so it is apt that she is accompanied by snakes as well as the owl. The snake is also the symbol of the kundalini which, in the case of Athena, has already travelled to its destination. From this vantage point she guides the destinies of her followers.