QuestionQ502

Information Security Risk Management

Management wants to understand the risk of engaging an Infrastructure-as-a-Service (IaaS) provider compared with internal hosting. Which of the following provides the BEST method for comparing risk scenarios?

  • A Reviewing mitigating and compensating controls for each risk scenario
  • B Mapping the risk scenarios by likelihood and impact on a chart
  • C Performing a risk assessment on the IaaS provider
  • D Mapping risk scenarios according to sensitivity of data
Explanation

A likelihood-impact chart (risk matrix) provides a consistent way to compare scenarios by plotting the two factors that determine risk: the probability of occurrence and the severity of the resulting effect. NIST SP 800-30 identifies risk as a function of likelihood and adverse impact.

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