Perceived risk, i.e. subjective risk judgments, can be influenced by several factors, and may deviate from "objective" risk. According to Rundmo (1996), biased perception of risk can cause misjudgments of potentiallyhazardous risk sources. In a report from the project “Emerging systemic risks in the 21st Century”, OECD (Organization for Economic Co-ordination and Development) points to risk perception itself as one factor that can delay or exaggerate precautionary measures (OECD, 2003).
The following research question is examined in the article:
What factors can influence the risk perception of users (managers and employees) within electric power supply network companies regarding the risk of malfunctions in or attacks on their ICT systems?