Identifying Changes to the Risk Landscape | CRISC Exam Preparation

Best Way to Identify Changes to the Risk Landscape

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Question

Which of the following is the BEST way to identify changes to the risk landscape?

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A. B. C. D.

D.

The BEST way to identify changes to the risk landscape is D. Threat modeling.

Threat modeling is a structured process for identifying and evaluating potential threats and vulnerabilities to an organization's assets, systems, and processes. It involves analyzing the organization's architecture, identifying potential threats and vulnerabilities, and assessing the likelihood and potential impact of each threat. By doing so, an organization can gain a comprehensive understanding of its risk landscape and develop appropriate risk management strategies to mitigate these risks.

Threat modeling is particularly effective in identifying changes to the risk landscape because it is an ongoing process that is constantly evolving to reflect new threats and vulnerabilities. By regularly reviewing and updating their threat models, organizations can stay ahead of emerging risks and respond quickly to changes in their risk environment.

Access reviews, root cause analysis, and internal audit reports can also be useful in identifying changes to the risk landscape, but they have limitations. Access reviews, for example, only provide insight into who has access to what information or systems, but they do not identify emerging threats or vulnerabilities. Root cause analysis can help identify the underlying causes of a security incident, but it may not capture the full extent of the organization's risk landscape. Internal audit reports can provide valuable insight into the organization's risk management practices, but they may not capture emerging threats or vulnerabilities that have not yet been identified.

Therefore, threat modeling is the BEST way to identify changes to the risk landscape because it provides a comprehensive and ongoing assessment of an organization's risk environment, allowing for proactive risk management and mitigation.