After a risk has been mitigated, which of the following is the BEST way to help ensure residual risk remains within an organization's established risk tolerance?
Click on the arrows to vote for the correct answer
A. B. C. D.A.
After a risk has been mitigated, residual risk may still exist. Residual risk is the risk that remains after mitigating or reducing the risk to an acceptable level. The BEST way to help ensure residual risk remains within an organization's established risk tolerance is to monitor the security environment for changes in risk. Therefore, option B is the correct answer.
Here is a more detailed explanation for each answer choice:
A. Introduce new risk scenarios to test program effectiveness: Introducing new risk scenarios is a way to evaluate the effectiveness of existing risk mitigation strategies. However, it does not help ensure that residual risk remains within an organization's established risk tolerance. It may increase the risk and make it difficult to maintain a consistent risk profile.
B. Monitor the security environment for changes in risk: Monitoring the security environment for changes in risk is critical for maintaining a risk profile within an organization's established risk tolerance. It allows an organization to quickly identify and respond to emerging risks, changes in threat levels, and other factors that may impact its risk posture. By staying informed of changes in the security environment, an organization can adjust its risk management strategy and ensure that residual risk remains within its established risk tolerance.
C. Conduct programs to promote user risk awareness: Conducting programs to promote user risk awareness is an essential component of a comprehensive risk management program. However, it may not be enough to ensure that residual risk remains within an organization's established risk tolerance. Such programs may improve the overall security posture, but residual risk may still exist.
D. Perform a business impact analysis (BIA): Performing a business impact analysis (BIA) is a way to identify critical business functions and the potential impact of a disruption on those functions. While important, it may not help ensure that residual risk remains within an organization's established risk tolerance. A BIA can provide valuable information for risk mitigation strategies, but it does not address the ongoing monitoring of residual risk.