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.
COBRA stands for Consolidated Omnibus Budget Reconciliation Act. It was passed by Congress in 1985 as a means for individuals to continue health insurance coverage for a period of time after losing group coverage due to termination of employment.