An information security risk analysis BEST assists an organization in ensuring that:
An information security risk analysis BEST assists an organization in ensuring that:
An information security risk analysis helps an organization make cost-effective decisions regarding which assets need protection by identifying and prioritizing potential risks. This process involves assessing the likelihood and impact of various threats and determining which assets are most critical and require appropriate security measures based on the level of risk they pose. Hence, it ensures that resources are allocated efficiently to safeguard the most important assets.
CISM - AIO 2nd - The risk analyst studies different event scenarios and determines the impact of each. This may be expressed in quantitative terms (dollars or other currency) or qualitative terms (high/medium/low or a numeric scale of 1 to 5 or of 1 to 10). Sounds like B to me
Agreed
Information security risk analysis helps organizations identify and prioritize potential risks to their information assets. By assessing the likelihood and impact of various risks, organizations can make informed and cost-effective decisions about where to allocate resources for protection. This involves determining which assets are most critical and require heightened security measures based on the level of risk they pose. While the other options (ensuring appropriate access control, applying appropriate funding to security processes, and implementing appropriate security technologies) are also important considerations, the primary benefit of risk analysis is in facilitating cost-effective decisions related to asset protection.
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Are these answers valid for the actual exam?
CRISC indicated that when new compliance regulation might affect the business, it should first analyse the existing control enough to meet the regulation of new compliance rule. Clearly the answer is D
Will go with the explanation by Viperhunter
B. cost-effective decisions are made with regard to which assets need protection
Asset protection as per the data stored in it is HIGHEST priority while doing Risk Analysis
Information security risk analysis helps to define level of protection.
Information security risk analysis helps to define level of protection.
B - cost-effective decisions are made with regard to which assets need protection
Helps define level of protection
agreed