Which of the following approaches would MOST likely ensure that risk management is integrated into the business life cycle processes?
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A. B. C. D.B.
The approach that is most likely to ensure that risk management is integrated into the business life cycle processes is integrating security risk into corporate risk management.
Option A, conducting periodic risk assessments, is an important step in managing risks. However, it is not enough on its own to ensure that risk management is integrated into the business life cycle processes.
Option C, integrating risk management into the software development life cycle, is also important, but it is only one aspect of risk management. It does not address risk management in other parts of the business.
Option D, understanding the risk tolerance of corporate management, is useful but it does not ensure that risk management is integrated into the business life cycle processes.
Integrating security risk into corporate risk management means that risks associated with information security are considered alongside other risks that the organization faces. This approach ensures that information security risks are not viewed in isolation and are managed in a way that aligns with the organization's overall risk management strategy.
By integrating security risk into corporate risk management, the organization can establish a risk management framework that includes risk identification, risk assessment, risk treatment, risk monitoring, and risk communication. This framework can be used to manage risks in all parts of the business life cycle, from strategy development to operations.
In summary, while conducting periodic risk assessments, integrating risk management into the software development life cycle, and understanding the risk tolerance of corporate management are all important aspects of risk management, integrating security risk into corporate risk management is the approach that is most likely to ensure that risk management is integrated into the business life cycle processes.