Pitting and Crevice corrosion are usually the worse. However, I have seen in several cases that load bearing components may experience worse Stress Corrosion.
Any type of localized corrosion, particularly pitting (a localized form of corrosion by which cavities or "holes" are produced in the material) is considered to be more dangerous than uniform corrosion damage because it is more difficult to detect, predict and design against.
Experimental findings in laboratories and corrosion case studies in industry revealed that pitting and crevice localized forms of corrosion are the most dangerous.
Although I do not disagree that pitting can be dangerous, I believe that stress corrosion cracking is the most dangerous. Frequently the cracks cannot be detected until the object fails unexpectedly. Since stress is involved, failure can also be quite violent. The danger is therefore a function of the inability to detect SCC prior to failure and the often violence nature of the failures.
There are cases where cracks were detected in an object prior to failure, but the degree of cracking could not be evaluated because the cracks can be so tight that they cannot be detected using any form of NDE.
pitting: since the material in many cases may be penetrated without a clear warning (because the pits often are narrow and covered) and the pit growth is difficult to predict.
Intergranular: because the cohesive forces between the grains may be too small to withstand tensile stresses; the toughness of the material is seriously reduced at a relatively early stage, and fracture can occur without warning. Grains may fall out, leaving pits or grooves