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Chapter 6 · SecurityPractice
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CONCEPT PRACTICE

Risk frequency and impact analysis

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Volume 1 · Chapter 6 · Textbook Exercises · Q13

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Which of the following is an appropriate description of risk assessment?

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Source: FE Vol 1.pdf, PDF page 410, textbook p. 400 · Information-technology Promotion Agency, Japan · First Edition: April, 2015. ID: tb-v1-c6-q13. Publisher answer and commentary · private review.

Original question · Q13
Q13 Which of the following is an appropriate description of risk assessment? a) Since it requires too much time and expense to address all conceivable risks, an organization should forecast the loss values and frequency of occurrence, and rank risks in order of size. b) Until all measures to risks that are evaluated through risk analyses are completed, an organization should avoid implementing repeated risk analyses. c) Since risk analysis is for the purpose of preventing future losses, an organization should avoid referencing data that is collected from a similar past project. d) Since the purpose of risk analysis is to determine the value of losses resulting from the materialization of risk, an organization should consider measures on prioritized risks with the highest loss value.

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