Risk Assessments and Treatments Flashcards

1
Q

Risk Assessments and Treatments

strives to determine the likelihood and impact of threats

A

risk assessment

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2
Q

Risk Assessments and Treatments

environmental, personmade, internal, external

A

risk types

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3
Q

Risk Assessments and Treatments

security controls are proactively put in place before undertaking the risk

A

mitigation/reduction

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4
Q

Risk Assessments and Treatments

some risk is transferred to a third party in exchange for payment
i.e: cybersecurity insurance

A

Transference/sharing

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5
Q

Risk Assessments and Treatments

avoid an activity because the risks outweigh potential gains

A

Avoidance

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6
Q

Risk Assessments and Treatments

current level of risk is acceptable and falls within organization’s risk appetite

A

Acceptance

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