Which of the following are the initial steps required to perform a risk analysis process? Each correct answer represents a part of the solution. Choose three.
A.
Valuations of the critical assets in hard costs.
B.
Evaluate potential threats to the assets.
C.
Estimate the potential losses to assets by determining their value.
D.
Establish the threats likelihood and regularity.
Suggested Answer:potential threats to the assets. Establish the threats probability and regularity. Answer: A is incorrect. Valuations of the critical assets in hard costs is one of the🗳️
The main steps of performing risk analysis are as follows: Estimate the potential losses to the assets by determining their value. Evaluate the final steps taken after performing the risk analysis.
The correct answers are:
B. Evaluate potential threats to the assets.
C. Estimate the potential losses to assets by determining their value.
D. Establish the threats likelihood and regularity.
Valuations of critical assets in hard costs may be needed, but it is not an initial step required for performing a risk analysis process from an ISC2 CSSLP perspective.
The initial steps required to perform a risk analysis process involve evaluating potential threats, estimating potential losses, and establishing the likelihood and regularity of these threats. These steps help identify areas where security measures need to be implemented or improved in order to mitigate risks.
Threat evaluation involves identifying different types of threats that could potentially harm critical assets within an organization's systems. Estimating potential losses requires determining the value of each asset and assessing the financial impact if it were lost or compromised. Threat likelihood and regularity must also be established by examining how often incidents occur and how likely they are to happen again.
By going through these initial steps, organizations can develop better-informed risk management strategies that enable them to prioritize investment in effective security controls based on which assets are more valuable or at higher risk for particular threat sources or motives.
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