Which of the following are the goals of risk management? Each correct answer represents a complete solution.
Choose three.
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A. B. C. D.between the impact of the risk and the cost of the countermeasure Answer: C is incorrect.
Identifying the accused does not come under the scope of risk.
There are three goals of risk management as follows: Identifying the risk Assessing the impact of potential threats Finding an economic balance management.
The goals of risk management are to identify, assess, and mitigate risks to reduce their impact on an organization. Risk management is a systematic process that involves identifying potential risks, evaluating their potential impact on an organization, and implementing strategies to mitigate them.
The correct answers to the question are A, B, and D:
A. Identifying the risk: This is the first step in risk management. It involves identifying potential risks to an organization. Risk identification can be done through various methods, such as risk assessments, threat modeling, and vulnerability scanning.
B. Assessing the impact of potential threats: Once the risks have been identified, the next step is to assess the impact that they could have on the organization. This involves evaluating the likelihood of a threat occurring and the potential consequences if it does. This step helps organizations prioritize their risk mitigation efforts and allocate resources accordingly.
C. Identifying the accused: This answer is not correct. The goal of risk management is not to identify the accused, but rather to identify potential risks and mitigate their impact.
D. Finding an economic balance between the impact of the risk and the cost of the countermeasure: This is an important goal of risk management. Organizations need to find a balance between the impact that a risk could have on the organization and the cost of implementing countermeasures to mitigate that risk. This involves evaluating the cost-effectiveness of different risk mitigation strategies and selecting the most appropriate one.
In summary, the goals of risk management are to identify potential risks, assess their impact, and implement cost-effective strategies to mitigate them.