(ISC)2 Certified in Cybersecurity Practice Exam

What is the term for analyzing and implementing responses to manage risks?

1. Risk Evaluation

2. Risk Treatment

3. Risk Optimization

4. Risk Assessment

The correct answer is: Risk Treatment

The term for analyzing and implementing responses to manage risks is known as Risk Treatment. This process involves identifying the risk mitigation strategies that can be employed to address risks that have been identified during the risk assessment phase. Risk Treatment includes various approaches, such as risk avoidance, risk reduction, risk sharing, and risk acceptance, enabling organizations to effectively manage their exposure to potential threats. Risk Evaluation, on the other hand, typically refers to the process of comparing the level of risk against risk criteria to determine whether the risk is acceptable or if urgent action is required. While this is a vital part of risk management, it does not encompass the implementation of responses. Risk Optimization generally pertains to maximizing the effectiveness of risk management strategies, focusing on the most efficient use of resources to tackle risks. It is not specifically about the analysis and implementation of responses. Risk Assessment is the broader process of identifying, analyzing, and evaluating risks, which precedes the treatment phase. This step is crucial in the overall risk management framework, as it lays the groundwork for deciding how to manage identified risks but does not itself implement any response strategies. Overall, Risk Treatment is the most accurate term representing the concrete actions taken to manage the risks that have been assessed and evaluated.