Exam CISM topic 1 question 24 discussion

whenever an answer choice is "All" such as "full" risk possibilities it is always wrong. There is no way to cover all risk because there are always new emerging risk. Please remember this when you take the exam. "all" =wrong

Risk scenarios are specific, narrative descriptions of events that could lead to adverse consequences for an organization. By focusing on important and relevant risk scenarios, the risk assessment process becomes more targeted and manageable. It allows organizations to identify and evaluate the risks that are most likely to have a significant impact on their objectives. While risk scenarios don't cover the full range of all possible risks (option A), they help prioritize by concentrating on the most pertinent ones. They also don't ensure business risk is mitigated (option B) or reduce the need for subsequent risk evaluation (option C) on their own, but they guide organizations in understanding and addressing the most critical risks they face.

key word is simplify (reduce) A is the all you can eat buffet

D. focusing on important and relevant risk.

A, because you thing about the many different things that could happen. Whenever I conduct a TTX, I never go by they questions, based on the responses I get, I come up with another possible problem. I say A

Risk scenarios are most often written as narratives, describing in detail the asset at risk, who or what can act against the asset, their intent or motivation (if applicable), the circumstances and threat actor methods associated with the threat event, the effect on the company if/when it happens, and when or how often the event might occur. the purpose of risk scenarios is to help decision-makers understand how adverse events can affect organizational strategy and objectives. The secondary function of risk scenario building, according to the above frameworks, is to set up the next stage of the risk assessment process: risk analysis. Scenarios set up risk analysis by clearly defining and decomposing the factors contributing to the frequency and the magnitude of adverse events.

I feel D is correct here. The key is "Risk Scenarios." Risk scenarios allow professionals to focus on specific/relevant risks rather than looking at everything.

to me 'A' seems to be appropriate