The Importance of Involving Business Management in Evaluating and Managing Information Security Risks

C.

The correct answer is C. involving business management in evaluating and managing information security risks can help balance technical and business risks.

Explanation: Information security is not just a technical issue; it is also a business issue. The goal of information security is to protect the organization's information assets from various risks, including but not limited to cyber threats, insider threats, and natural disasters. However, the cost of protecting information assets can be high, and the value of information assets can vary depending on the business context. Therefore, business management must be involved in evaluating and managing information security risks.

By involving business management in information security risk management, organizations can achieve the following benefits:

1. Better understanding of organizational risks: Business management can provide insight into the organization's goals, objectives, and strategies. This understanding helps identify critical information assets and potential risks associated with them.

2. Balancing technical and business risks: Technical experts tend to focus on mitigating technical risks, while business management focuses on maximizing business opportunities. By involving both parties, the organization can strike a balance between the two.

3. Better resource allocation: Business management can help prioritize information security risks based on their potential impact on the organization's operations, reputation, and compliance requirements. This prioritization can guide resource allocation and ensure that resources are allocated to the most critical risks.

4. Increased awareness and accountability: By involving business management, the organization can raise awareness of information security risks and foster a culture of accountability for information security.

In summary, involving business management in evaluating and managing information security risks can help organizations balance technical and business risks, prioritize resources, and increase awareness and accountability.