What is one way to interpret the results of the risk classification that may help discover a risk score that does not appear to be aligned?

What is one way to interpret the results of the risk classification that may help discover a risk score that does not appear to be aligned?

M5D1: Risk Classification and Ranking

Once you take all your individual risk scores and tabulate them, they can be categorized into Low-, Medium-, and High-risk groups. Then these groups need to be inspected and evaluated accordingly.

Respond to the following:

  • Blindly interpreting the classifications may lead to unexpected issues later in the risk assessment process. What is one way to interpret the results of the risk classification that may help discover a risk score that does not appear to be aligned?
  • Reviewing the risk score for an asset means taking another deep look at all the factors that contributed to the score. What benefit is there to doing this work a second time?

M5D2: Security Threats

Threat catalogs are based on known threats. While these threats certainly must be considered when performing a risk assessment, there are other threat factors to consider.

Respond to the following:

  • Emerging threats and trends go beyond the scope of a threat catalog. Why is that?
  • What is the risk to an organization if threat trends are ignored?

References

Talabis, M., & Martin, J. (2012). Information security risk assessment toolkit: Practical assessments through data collection and data analysis. Newnes.

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