Risk Evaluation Flashcards

1
Q

The function of determining the proper steps to manage risk

A

Risk Treatment

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2
Q

who will do the plan to reduce the risk or accept it ?

A

The security team, resource owner and maybe the members of senior management

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3
Q

Risk Mitigation planning

A
  • Reducing Likelihood
  • Limiting Severity
  • Decreasing sensitivity
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4
Q

What is the residual risk ?

A
  • the remaining risk exposure level after implementation the recommended controls
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5
Q

The four categories of the risk mitigation

A
  • Risk Alleviation
  • Risk limitation
  • Risk planning
  • Remadiation
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6
Q

what is a remediation?

A

Resolving vulnerability

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7
Q

who is responsible for exception approval?

A

senior executive

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