The final step in a security risk analysis involves evaluating the cost of implementing a security strategy versus its benefits. This ensures that the proposed measures are economically justifiable and align with organizational goals.
Identify Assets and Risks:
Determine critical assets and potential vulnerabilities.
Analyze Threats and Impacts:
Assess the likelihood and consequences of threats.
Propose Mitigation Measures:
Develop strategies to address identified risks.
Cost-Benefit Analysis:
Compare the costs of implementing security controls to the potential benefits, such as risk reduction or compliance.
A: Human resources strategy focuses on workforce management, not security.
C: Insurance is a risk transfer strategy but not a standalone solution.
D: Risk strategy is too broad; the focus here is specifically on security measures.
Steps in Security Risk Analysis:Why Other Options Are Incorrect:ASIS CPP® References:
Domain 1: Security Principles and PracticesDiscusses the integration of cost-benefit analysis into security planning.
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