Risk Assessment for CISM Exam: The Most Important Consideration | ISACA

The Most Important Consideration for Risk Assessment

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Question

When performing a risk assessment, the MOST important consideration is that:

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Explanations

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A. B. C. D.

C.

Identification and valuation of assets provides the basis for risk management efforts as it relates to the criticality and sensitivity of assets.

Management support is always important, but is not relevant when determining the proportionality of risk management efforts.

ALE calculations are only valid if assets have first been identified and appropriately valued.

Motives, means and opportunities should already be factored in as a part of a risk assessment.

When performing a risk assessment, all of the considerations mentioned in the options are important, but the MOST important consideration is understanding the attack motives, means, and opportunities. Therefore, option D is the correct answer.

Here's why:

A. Management support for risk mitigation efforts is critical to the success of a risk assessment, but it is not the most important consideration. Without management support, it may be difficult to allocate the necessary resources to perform a risk assessment, but if the risk assessment is performed without understanding the threats and vulnerabilities, then the risk mitigation efforts may not be effective.

B. Annual loss expectations (ALEs) are calculated for critical assets to help determine the level of risk associated with those assets. While ALEs are important, they are not the most important consideration. ALEs are calculated based on the probability of a threat occurring and the potential impact of that threat. Without understanding the threats and vulnerabilities, the ALEs may not be accurate.

C. Identifying and appropriately valuing assets is an important step in a risk assessment, but it is not the most important consideration. Asset valuation helps determine the potential impact of a risk event on the organization, but without understanding the threats and vulnerabilities, the asset valuation may not be accurate.

D. Understanding the attack motives, means, and opportunities is the most important consideration when performing a risk assessment. This information is critical to identifying the threats and vulnerabilities associated with the assets being assessed. Attack motives, means, and opportunities help identify who may be targeting the assets, what methods they may use to attack the assets, and what vulnerabilities may exist that could be exploited. Without understanding these factors, it is difficult to accurately assess the level of risk associated with the assets being assessed.