Which of the following BEST describes the scope of risk analysis?
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A. B. C. D.B.
Risk analysis should include all organizational activities.
It should not be limited to subsets of systems or just systems and infrastructure.
Risk analysis is the process of identifying, assessing, and evaluating potential risks to an organization's assets and operations. It is a critical aspect of information security management, as it helps organizations to understand the potential risks they face and develop effective strategies to manage those risks.
Out of the four options provided, the BEST description of the scope of risk analysis is option B: Organizational activities. This is because risk analysis should not be limited to specific systems or infrastructure alone, but should take into consideration the entire range of activities carried out by an organization, including its processes, people, and technology.
Option A, Key financial systems, is too narrow a scope for risk analysis, as it only considers the potential risks associated with financial systems, and ignores other important areas of an organization's operations.
Option C, Key systems and infrastructure, is a broader scope than option A, but still only focuses on specific systems and infrastructure. This approach may result in a siloed view of risks, with different teams responsible for different areas of an organization's operations.
Option D, Systems subject to regulatory compliance, is another narrow scope for risk analysis, as it only considers the risks associated with compliance with specific regulations. While compliance is an important consideration, it should not be the sole focus of risk analysis.
Therefore, option B, Organizational activities, is the BEST description of the scope of risk analysis as it considers the entire range of activities carried out by an organization and provides a holistic view of potential risks.