(ISC)2 Certified in Cybersecurity Practice Exam

What does a security risk management plan outline?

1. Steps to assess employee satisfaction

2. Steps to identify and mitigate security risks

3. Steps to automate security software updates

4. Steps to manage vendor relationships

The correct answer is: Steps to identify and mitigate security risks

A security risk management plan plays a crucial role in an organization's cybersecurity framework by specifically outlining the processes and approaches to identify, assess, and mitigate security risks. This includes: 1. **Identifying Risks**: Clearly defining potential threats that could impact the assets of the organization, such as sensitive data, systems, and infrastructure. 2. **Assessing Risks**: Evaluating the likelihood and impact of identified risks in order to prioritize them appropriately. This often involves risk assessments and analysis techniques. 3. **Mitigating Risks**: Developing and implementing strategies to reduce or eliminate the risks to acceptable levels. This could include deploying security controls, policies, and practices to protect the organization's information and assets. By focusing on these areas, a well-structured risk management plan helps an organization to proactively manage security threats, ensuring that resources are allocated efficiently to safeguard critical assets. In contrast, while assessing employee satisfaction, automating security software updates, or managing vendor relationships may contribute to an organization's overall operational strategy, they do not fall within the primary scope of a security risk management plan. These activities are important but do not directly involve the core processes of risk identification, assessment, and mitigation that are essential for comprehensive security management.