ASSESSING RISK 33 QUESTIONS WITH VERIFIED
ANSWERS 2025/2026
The evaluation and reaction to risk to the entire organization; ERM is not
restricted to the risk facing information assets. - CORRECT ANSWER enterprise risk
management (ERM)
The entire program of planning for and managing risk to information assets in the
organization. - CORRECT ANSWER risk management (RM) / InfoSec risk
management
An approach to combining risk identification, risk analysis, and risk evaluation into
a single strategy. - CORRECT ANSWER risk assessment
The overall structure of the strategic planning and design for the entirety of the
organization's RM efforts. - CORRECT ANSWER RM framework
The identification, analysis, evaluation, and treatment of risk to information
assets, as specified in the RM framework. - CORRECT ANSWER RM process
Policy designed to regulate organizational efforts related to the identification,
assessment, and treatment of risk to information assets. - CORRECT ANSWER risk
management policy
, The risk to information assets that remains even after current controls have been
applied. - CORRECT ANSWER residual risk
The quantity and nature of risk that organizations are willing to accept as they
evaluate the trade-offs between perfect security and unlimited accessibility. -
CORRECT ANSWER risk appetite
The assessment of the amount of risk an organization is willing to accept for a
particular information asset, typically synthesized into the organization's overall
risk appetite. - CORRECT ANSWER risk tolerance / risk threshold
A formal document developed by the organization that specifies its overall
willingness to accept risk to its information assets, based on a synthesis of
individual risk tolerances. - CORRECT ANSWER risk appetite statement
An extreme level of risk tolerance whereby the organization is unwilling to allow
any successful attacks or suffer any loss to an information asset. - CORRECT
ANSWER zero tolerance risk exposure
A document that contains specifications for the implementation and conduct of
RM efforts. - CORRECT ANSWER risk management plan
The recognition, enumeration, and documentation of risks to an organization's
information assets. - CORRECT ANSWER Risk identification
Within the context of risk management, any collection, set, or database of
information or any asset that collects, stores, processes, or transmits information