Question: What risk assessment approach involves comparing risks based on their potential impact and likelihood?
Answer:
Qualitative risk assessment involves comparing risks based on their potential impact and likelihood.
MCQ: What risk assessment approach involves comparing risks based on their potential impact and likelihood?
Explanation:
Qualitative risk assessment involves comparing risks based on their potential impact and likelihood.
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Related Questions
- 1. In the context of risk assessment, what does the term "risk mitigation" involve?
- 2. What is the purpose of a risk assessment policy in cybersecurity risk management?
- 3. What risk assessment methodology involves using historical data and statistical models to assess risks?
- 4. What is the purpose of a risk register in cybersecurity risk management?
- 5. What is the significance of a risk assessment team in the risk assessment process?
- 6. What is the role of risk acceptance in the risk assessment process?
- 7. What is the primary goal of risk mitigation in cybersecurity?
- 8. What is the purpose of implementing security controls as part of risk mitigation?
- 9. Which of the following is a preventive risk mitigation strategy?
- 10. What risk mitigation strategy involves transferring the financial impact of a risk to a third party?
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