Besides risk management and risk mitigation, what other factor is used to perform effective risk management?
A.
Data valuation
B.
Threat and vulnerability assessment
C.
Uncertainty analysis
D.
Probability factors
Explanation:
Uncertainty analysis lends a dose of reality to risk assessment, which
is built mainly on speculation. The risk assessment should be tempered by applying a
method that estimates managements confidence level in the risk analysis finding and
the likelihood of the results remaining valid. Tracking the uncertainty factor can
generate historical data that can be used to refine risk assessment techniques going
forward. Data valuation, threat and vulnerability assessment and their associated
probability factors relate to the risk analysis part of the risk management
activity.