The primary reason for a cost-benefit analysis in a risk response business case is to determine whether the reduction in risk achieved by the response justifies the cost of implementing it. It's about weighing the potential benefits (reduced risk) against the costs of the response.
While determining future resource requirements (B) and calculating ROI (C) can be part of the analysis, the primary focus is on justifying the cost based on risk reduction.
[Reference: ISACA materials on risk response and business cases, often within the Risk IT Framework and related publications, emphasize the importance of cost-benefit analysis in justifying risk response decisions. The focus is on demonstrating the value of the response in terms of risk reduction., ]
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