Risk |
Impact |
Probability |
Mitigating Factor |
| Public reluctance to embrace technology due to the release of their biometric identity would yield a
decline in store sales resulting in stores being reluctant to use fingerprint verification technologies |
Low |
Low-Medium |
Educate the public and allow stores to make it an optional security feature |
| Retailers are reluctant to commit to the initial investment |
High |
Medium |
Show investment outweighs fraud loss and show ROI and break even point |
| Initial investment is too expensive for smaller retailers |
Low |
Low-Medium |
Continuously analyzing production methods and costs to keep price as low as possible |
