Initial Steps for Risk Analysis

ADB.

Risk analysis is an essential part of the information security architecture process. It is a methodical approach to identifying potential security risks to an organization and implementing measures to mitigate them. The initial steps required to perform a risk analysis process are as follows:

A. Estimate the potential losses to assets by determining their value: The first step in the risk analysis process is to estimate the potential losses to the assets. The value of assets, such as information, hardware, software, or physical infrastructure, must be determined. This step helps in understanding the impact of the risks on the organization's assets and enables decision-makers to allocate resources more efficiently.

B. Establish the threats likelihood and regularity: The second step is to establish the likelihood and regularity of threats that may affect the organization's assets. Threats can be human-made, such as hacking, theft, or sabotage, or natural, such as floods, earthquakes, or fires. By assessing the likelihood and regularity of threats, organizations can prioritize their mitigation efforts.

D. Evaluate potential threats to the assets: The third step is to evaluate potential threats to the assets. This step involves identifying and analyzing potential risks to the organization's assets. Threats can come from a variety of sources, such as employees, contractors, vendors, or external parties. Evaluating potential threats helps in developing appropriate countermeasures to mitigate the risks.

Therefore, options A, B, and D are the initial steps required to perform a risk analysis process. Option C, valuations of the critical assets in hard costs, is not an initial step in the risk analysis process, but it is a vital step to determine the criticality of assets in terms of financial value.