Answered: Risk assessment is: Select one: a.…

Risk assessment is: Select one: a. Neither subjective nor objective b. Subjective and objective c. Subjective d. Objective

Management Of Information Security

6th Edition

ISBN:9781337405713

Author:WHITMAN, Michael.

Publisher:WHITMAN, Michael.

Chapter6: Risk Management: Assessing Risk

Section: Chapter Questions

Problem 8RQ

See similar textbooks

Related questions

Q: Why are intervals of probability and consequence preferable to exact numbers in risk analysis?

A: The interval of probability and consequence preferable to exact number in risk analysis. As, The…

Q: The output of Risk decomposition is: Select one: a. Risk description b. Root cause analysis c.…

A: The output of Risk decomposition is Risk description. so the correct option is option a.

Q: A list and short description of the five risk-control strategies should be provided.

A: The answer of the question is given below:

Q: Which one of the following is not an external risk? a. Weather b. Scope objectives c. Unavailability…

A: b. Scope objectives

Q: Define risk appetite and residual risk. With an example, explain the trade-off between risk appetite…

A: The Inherent risk appetite defines what strategies can / cannot be even brought to the table. The…

Q: In what way are risk appetite statements different from risk tolerance statements?

A: The Risk appetite is the total risk that an organization can bear in a given risk profile, usually…

Q: When it comes to risk analysis, why are intervals of probability and consequence preferred than…

A: Introduction: In risk analysis, an interval of likelihood and consequence is preferable to an exact…

Q: S1: In IT risk management, loss of organizational value is the inverse gain of organizational value.…

A: Risk is the impact of the event and the probability of an event occurring And which is prevented by…

Q: What's the difference between a risk appetite declaration and just saying you're willing to take…

A: Risk appetite: Risk appetite refers to the amount and kind of risk that a company is willing to…

Q: (a) By looking at the summary output, write down the fitted model. (b) Write down the formula to…

A: Answer: R Source Code: x <- c(3,2,6,5,3,8,4,2,6,3,2,7)y <-…

Q: Which community of interest generally takes the lead when it comes to information asset risk…

A: To be determine: Which community of interest generally takes the lead when it comes to information…

Q: 1. Use structured English to describe the reimbursement policies. 2. Draw a decision tree to…

A: ANSWER: Structured English: Organized English is the utilization of the English language with the…

Q: Explain the relationship between NPV and risk. Use formulas to support your claims in a variety of…

A: The net present value at risk is called NPV by a combination of the weighted average cost of the…

Q: Three Point Estimate is: an estimate that includes an optimistic, most likely, and pessimistic…

A: Answer is true because in three point estimate we use optimistic, mostly likely, pessimistic value…

Q: Give a brief description of each of the five risk-control strategies.

A: Risk: Risk is the likelihood that a something will go wrong as a result of any occurrence or owing…

Q: The concept of.................. refer to prevent the individual from denying that they take a…

A: The concept of.................. refer to prevent the individual from denying that they take a…

Q: anyone help me acess diagram for my risk assessment project. Thanks!

A: Risk assessment is a term utilized to describe the overall process and Recognize hazards and risk…

Q: In risk analysis, why are intervals of probability and consequence preferred than precise numbers?

A: Below is the solution which is mentioned below :

Q: In performing Risk Management, one of the statement is not considered likelihood. a. Possible b.…

A: Defined the given statement

Q: Avoiding risk is one of the risk response strategies. Avoiding risk is used to reduce the likelihood…

A: Given: Avoiding risk is one of the risk response strategies. Avoiding risk is used to reduce the…

Q: olicy and Mechanism are considered the same

A: The Design principle of computer science states the separation of mechanism and policy.

Q: Why is it preferable to use intervals of chance and consequence rather than exact figures when…

A: Introduction: An interval of probability and consequence is preferable than an exact number in risk…

Q: The use of intervals of probability and consequence in risk analysis is superior than using precise…

A: Encryption: In risk analysis, an interval of likelihood and consequence is preferable than an exact…

Q: Complete a risk assessment using both qualitative and quantitative methods for a total of

A: Qualitative Risk Analysis:It tend to be more subjective.It focuses on identifying risks to measure…

Q: What exactly is risk aggregation?

A: Introduction: risk aggregation is nothing but it is various risk management processes and…

Q: How do you build a risk model?

A: The risk model the mathematical representation of the system , commonly incorporating the…

Q: Distinguish between inherent risk and control risk

A: Difference between inherent and control risk Inherent risk is the raw or untreated risk. The…

Q: RISK REGISTER FOR NOT DOING WELL IN CLASS- LIST TOP 5 RISKS

A: Risk can be classified based on occurrence (regular/ rare) and damage caused. The most damageable…

Q: Can you distinguish between inherent and control risk?

A: Both these terminology comes from risk management strategies. Inherent Risk: Inherent risk is the…

Q: In risk analysis, why are intervals of probability and consequence favored over exact figures in…

A: Introduction: Risk analysis is needed to estimate the likelihood of failing to meet the previously…

Q: b. Explain the concepts of risk, uncertainty and ambiguity in non-programmed decisions.

A: Risk in the non-programmed decision has a clear-cut goal and has available good information but…

Q: What's the difference between uncertainty and risk?

A: Introduction: Uncertainty cannot be defined, but the risk can. The risk may be assessed but not…

Q: What is the meaning of the value for the risk factor that you obtained from (f). How the value will…

A: Definition- the value of the risk factor is defined as a long exposures to assets that are cheap…

Q: 11. There are three (3) factors that are likely consequences if risk does occur. Which of the…

A: Solution is :

Q: -porting on risk events and responses

A: Corporate directory tells about knowledge that combines all employees in a network based on the…

Q: Q2. (a.) Define following term with an example a. Risk owners b. Risk triggers c. Risk strategies d.…

A: Risk owners: The individual who is ultimately accountable for ensuring the risk is managed…

Q: The five risk-control strategies are listed and briefly described below.

A: Risk: Risk is defined as the likelihood of defining anything that will go wrong as a result of any…

Q: Reasoning for the preference for risk analysis intervals rather than specific numbers in terms of…

A: Introduction: Risk analysis is required to determine the possibility of failing to accomplish the…

Q: What is the distinction between uncertainty and risk?

A: Introduction: Uncertainty cannot be defined, but the risk can. The risk may be assessed but not…

Q: we use two parameters, namely, probability of occurrence and consequence to evaluate risk. Using an…

A: we use two parameters, namely, probability of occurrence and consequence to evaluate risk. one…

Q: Model in which overall success of a project highly depends on risks analysis phase is called a.…

A: 167. Model in which overall success of a project highly depends on risks analysis phase is called…

Q: What is the difference between Risk and Uncertainty?

A: Answer is in step 2

Q: Which kind of trust model is best described as a relationship that exists between just two…

A: Here is the explanation about the trust models.

Q: A_ risk calculation uses an "educated guess" based on observation rather than actual numbers based…

A: Risk calculation is a process to determine the probability of losses in your system due to security…

Q: Explain at least one alternative formula for simplest risk formula to rank risks

A: - Ranking risks is one of the important needs of risk management in software engineering. It is…

Q: Discuss the various techniques for quantitative risk analysis.

A: Quantitative Risk Analysis provides a numerical estimate of the overall effect of risk on the…

Question

Risk assessment is:

Select one:

a. Neither subjective nor objective

b. Subjective and objective

c. Subjective

d. Objective

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

SEE SOLUTION Check out a sample Q&A here

Step 1

VIEW

Step 2

VIEW

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.

Similar questions

Conducting a risk assessment is identifying controls. Name the three controls and give examples.
Differentiate between quantitive risk assessment and qualitative risk assessment
Basic Risk control strategies
Differentiate between control risk and inherent risk.
What procedures are used to assess an individual's degree of risk?
S1: In IT risk management, loss of organizational value is the inverse gain of organizational value.S2: In. IT risk management, preservation of organizational value is the inverse gain in organizational value A. Both Statements are trueB. Only the first statement is trueC. Only the second statement is trueD. None of the statements are true
In performing Risk Management, one of the statement is not considered likelihood. a. Possible b. Improbable c. Probable d. Impossible
you are required using your own words to discuss each of the topics below. You need to limit your discussion on each topic to be between 200 to 400 words. Risk Management Strategies in Software Engineering
computer science - What is the definition of project risk management?
Explain risk management concepts
While doing a risk assessment, it is preferable to make use of intervals of likelihood and consequence rather than specific numbers.
What is meant by risk exposure?