Which of the following NIST documents describes that minimizing negative impact on an organization and a need for sound basis in decision making are the fundamental reasons organizations implement a risk management process for their IT systems.
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A. B. C. D.B.
The correct answer to the question is option B, NIST SP 800-30.
NIST SP 800-30 is titled "Risk Management Guide for Information Technology Systems." It provides guidelines for conducting risk assessments, establishing risk management frameworks, and identifying and assessing risks to an organization's IT systems. The document outlines the importance of risk management and its role in helping organizations make informed decisions about protecting their IT systems.
In particular, NIST SP 800-30 emphasizes the importance of minimizing negative impacts on an organization as a key reason for implementing a risk management process. This is because IT systems can be vulnerable to a variety of threats, including cyber attacks, natural disasters, and human errors. By identifying and managing risks, organizations can reduce the likelihood of these events occurring and mitigate their impact if they do occur.
The document also emphasizes the need for a sound basis in decision making, which is another fundamental reason for implementing a risk management process. By understanding the risks associated with their IT systems, organizations can make informed decisions about how to allocate resources, prioritize security measures, and respond to incidents.
While NIST SP 800-37, NIST SP 800-53, and NIST SP 800-60 are also important NIST documents related to IT security and risk management, they do not specifically address the fundamental reasons for implementing a risk management process as described in the question. NIST SP 800-37 provides guidance for the risk management framework for federal information systems, NIST SP 800-53 provides security and privacy controls for federal information systems, and NIST SP 800-60 provides guidelines for mapping security controls to federal information systems.