QuestionQ480

Risk Assessment

When defining risk management strategies, which major parts must be determined first? Each correct answer represents part of the solution.

Choose two
  • A IT architecture complexity
  • B Organizational objectives
  • C Risk tolerance
  • D Risk assessment criteria
Explanation

Risk-management strategy is established by analyzing the organization’s objectives and its risk tolerance, so that risk decisions support intended business outcomes within acceptable exposure. Risk assessment criteria and IT architecture complexity are inputs to assessing particular risks, not the primary foundations for defining the strategy.

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