Which of the following is the GREATEST concern when using a generic set of IT risk scenarios for risk analysis?
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A. B. C. D.C.
When performing a risk analysis, it is important to consider a wide range of potential risks that could impact an organization's IT systems and assets. One common approach is to use a generic set of IT risk scenarios as a starting point for the analysis. However, using a generic set of scenarios can have some drawbacks and limitations. Among the given options, the greatest concern when using a generic set of IT risk scenarios for risk analysis is that risk factors might not be relevant to the organization (Option C).
The reason why this is the greatest concern is that risk scenarios that are not relevant to the organization may not adequately capture the unique risks and vulnerabilities that are present in the organization's specific IT environment. For example, a generic risk scenario might include the risk of a data breach due to a phishing attack, but if the organization has strong security awareness training programs in place, this may not be a significant risk for them. Conversely, there may be unique risks and vulnerabilities that are not captured by a generic set of scenarios, such as risks associated with specific applications or hardware that the organization uses.
Options A and D are also valid concerns when using a generic set of IT risk scenarios, but they are not as significant as the concern related to relevance. Inherent risk might not be considered (Option A) means that the generic set of scenarios may not capture risks that are inherent to the organization's IT environment, which may lead to an incomplete or inaccurate risk analysis. Quantitative analysis might not be possible (Option D) means that the organization may not be able to use quantitative methods to assess the likelihood and impact of the identified risks, which could limit the accuracy of the analysis. However, these concerns are secondary to the issue of relevance, as they can still be addressed through other means, such as by supplementing the generic set of scenarios with additional risk scenarios that are more relevant to the organization.
Option B, implementation costs might increase, is not directly related to the use of a generic set of IT risk scenarios for risk analysis. However, if the organization decides to implement additional controls or mitigation measures based on the results of the risk analysis, then there may be increased implementation costs.