Exam CISM topic 1 question 393 discussion

D. a function of the likelihood and impact, should a threat exploit a vulnerability

Risk involve impact and likelihood

D. a function of the likelihood and impact, should a threat exploit a vulnerability.

The correct answer is D. Determining the risk for a particular threat/vulnerability pair before controls are applied involves assessing both the likelihood of a given threat attempting to exploit a vulnerability and the magnitude of the impact that would result if the threat successfully exploits the vulnerability. Risk is often expressed as a function of the likelihood and impact of a threat exploiting a vulnerability. The likelihood refers to the probability or frequency of the threat event occurring, while the impact refers to the potential harm or damage that would result from the successful exploitation of the vulnerability. By considering both factors, organizations can better understand and prioritize their risks, allowing them to allocate appropriate resources and implement effective controls.

Determining the risk for a particular threat/vulnerability pair is a function of the likelihood and impact of the threat exploiting the vulnerability. The likelihood of a given threat attempting to exploit a vulnerability is an important factor in assessing the risk, as it determines the probability that the vulnerability will be exploited. The magnitude of the impact, should a threat exploit a vulnerability, is also an important factor, as it determines the potential harm or damage that could result from the exploitation of the vulnerability. Together, the likelihood and impact of a threat exploiting a vulnerability provide a comprehensive understanding of the risk associated with the threat/vulnerability pair. Cost and effectiveness of controls over a vulnerability is also important but it doesn't determine the risk level before controls are applied.