(ISC)2 Certified in Cybersecurity Practice Exam

What approach involves evaluating options and making decisions based on calculated risks?

1. Risk Transference

2. Risk Acceptance

3. Risk Assessment

4. Risk Treatment

The correct answer is: Risk Treatment

The approach of risk treatment is focused on evaluating different options for managing identified risks and making informed decisions to address them. This process involves analyzing the trade-offs associated with various strategies—such as reducing, eliminating, transferring, or accepting the risks—and calculating potential outcomes based on the level of risk each alternative presents. When employing risk treatment, organizations aim to implement measures that either mitigate the risk or develop plans for how to respond if the risk materializes. This strategic decision-making is informed by both qualitative and quantitative assessments of the risks involved, enabling organizations to choose the most appropriate and effective course of action for their specific situation. In contrast, the other options represent different aspects of risk management rather than the active decision-making involved in risk treatment. Risk transference involves shifting the responsibility for certain risks to another party, such as through insurance. Risk acceptance means acknowledging the existence of a risk and deciding to proceed without taking any mitigation steps, typically because the risk is deemed acceptable as is. Risk assessment is an earlier phase in the process that focuses on identifying and evaluating risks rather than deciding on how to treat them. Thus, while each of these concepts plays a role in the overall process of risk management, risk treatment specifically embodies the evaluation and decision-making based on