(ISC)2 Certified in Cybersecurity Practice Exam

Which term refers to the evaluation and decision-making process addressing identified risks?

1. Risk Acceptance

2. Risk Mitigation

3. Risk Management

4. Risk Treatment

The correct answer is: Risk Treatment

The term that refers to the evaluation and decision-making process addressing identified risks is indeed risk treatment. Risk treatment encompasses the specific actions taken to manage risks identified during the risk assessment process. This includes the selection of appropriate options such as accepting the risk, reducing the risk through mitigation strategies, transferring the risk to another party, or avoiding the risk altogether. In the context of cybersecurity, risk treatment ensures that organizations effectively respond to evaluated risks based on their assessment. This process is vital as it helps in prioritizing responses and implementing effective strategies to manage potential impacts on the organization's assets, including data and systems. While options like risk acceptance and risk mitigation are a part of the overall risk treatment process, risk treatment gives a broader perspective by encompassing all the possible responses to risk. Similarly, risk management, while related, refers to the overall framework and practices used, which includes risk assessment and treatment together. Understanding the complete cycle of managing risks focuses on how organizations can systematically address and mitigate potential threats.