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One of the most popular techniques to deal with ever growing risks associated with security threats is DREAD model. It is used for rating risk of network threats identified in the abuser stories. In this model network threats needs to be defined by sharp cutoffs. However, such precise distribution is not suitable for risk categorization as risks are vague in nature and deals with high level of uncertainty. In view of these risk factors, the paper proposes a novel fuzzy approach using DREAD model for computing risk level that ensures better evaluation of imprecise concepts.
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