Building risk analysis system with risk decay

A method fear risk analysis, the method comprising:

• receiving a threat, the threat comprising a particular threat type, the threat indicating an incident affecting a risk value associated with an asset;
• determining, based on the threat and the asset, the risk value at a first point in time;
• selecting a decay model based on the particular threat type;
• and
• updating the risk value at a plurality of points in time after the first point in time with the decay model causing the risk value to decay.

A risk analytics system comprising:

• one or more computer-readable storage media communicably coupled to one or more processors and configured to store instructions;
• and
• the one or more processors configured to execute the instructions to:
• receive a threat, the threat comprising a particular threat type, the threat indicating an incident affecting a risk value associated with an asset;
• determine, based on the threat and the asset, the risk value at a fast point in time;
• select a decay model based on the particular threat type;
• and
• update the risk value at a plurality of points in time after the first point in time, with the decay model causing the risk value to decay.