Develop a risk assessment criterion that will be utilised for the risks identified in $(1\mathrm{.}2)$ above. This should present a form of measurement that will be used when comparing and aggregating risks across the organisation. Your response should define scales for rating the risks and these should comprise rating levels and definitions that foster consistent and application by different stakeholders. Scales should allow meaningful and differentiation for ranking and defined rating levels and provided clear criteria for each level $($e$.$g$.,$ low, medium, high$)$ showed an understanding of how to standardize risk assessment. Including practical examples of how to apply the scales helped illustrate how the criteria could be used in real scenarios.