Which of the following are true for threats? Each correct answer represents a complete solution.
Choose three.
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A. B. C. D. E.ABD.
Threat is an act of coercion wherein an act is proposed to elicit a negative response.
Threats are real, while the vulnerabilities are a possibility.
They can result in risks from external sources, and can become imminent by time or can diminish.
Incorrect Answers: C, E: These two are true for vulnerability, but not threat.
Unlike the threat, vulnerabilities are possibility and can result in risks from internal sources.
They will arise and stay in place until they are properly dealt.
Threats are potential events or circumstances that could cause harm, loss, or damage to an organization's assets, operations, or individuals. They can arise from both internal and external sources and can manifest in various forms such as natural disasters, technological failures, human errors, intentional attacks, and so on.
The following statements are true for threats:
A. They can become more imminent as time goes by, or it can diminish: This means that threats can either increase in likelihood or decrease over time based on the changes in the environment, technology, business processes, or other factors that could affect their potential impact. For example, the threat of a cyber attack may become more imminent as an organization expands its online presence or launches new digital services, or it can diminish if the organization strengthens its security measures or detects and mitigates potential vulnerabilities.
B. They can result in risks from external sources: Threats can originate from both internal and external sources, but they often result in risks that are associated with external factors such as competitors, suppliers, customers, regulators, natural disasters, geopolitical events, or other external forces that could impact an organization's operations, reputation, or financial performance. For example, the threat of a supplier failure can result in risks such as supply chain disruptions, quality issues, or financial losses for an organization that relies on that supplier.
C. They are a possibility: Threats are not necessarily events that have already occurred, but they represent potential scenarios that could happen in the future. As such, they are not certainties but possibilities that require assessment, monitoring, and management to prevent or minimize their potential impact on an organization.
D. They are real: Although threats may not have materialized yet, they are based on real-world circumstances and events that have the potential to cause harm, loss, or damage to an organization's assets or operations. Threats are not imaginary or hypothetical but represent genuine risks that need to be taken seriously and addressed proactively.
E. They will arise and stay in place until they are properly dealt: Threats can persist over time if they are not adequately addressed or mitigated. Therefore, it is essential to have a proactive and continuous approach to threat management that includes identification, assessment, prioritization, treatment, and monitoring of potential threats. By properly dealing with threats, organizations can reduce their potential impact and increase their resilience and ability to recover from adverse events.