When reviewing the risk management process at a newly formed organization, the information security professional notices that all the steps have not been considered as part of the process. The process includes framing and responding but should also includea.auditing and reporting risksb.controlling and identifying risksc.identifying and reporting risksd.assessing and monitoring risks
Question
When reviewing the risk management process at a newly formed organization, the information security professional notices that all the steps have not been considered as part of the process. The process includes framing and responding but should also includea.auditing and reporting risksb.controlling and identifying risksc.identifying and reporting risksd.assessing and monitoring risks
Solution
The risk management process should also include assessing and monitoring risks. This is because identifying potential risks is only the first step. Once these risks have been identified, they need to be assessed to determine their potential impact on the organization. This assessment will help the organization prioritize which risks need to be addressed first. After the risks have been assessed, they need to be monitored to ensure that the measures put in place to mitigate these risks are effective. Therefore, the correct answer is d. assessing and monitoring risks.
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