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CGRC · Question #213

According to NIST SP 800-39, Managing Information System Risk, when an organization responds to risk by eliminating the activity or technology that are the basis for the risk, that organization is…

The correct answer is A. Avoiding the risk. According to NIST SP 800-39, when an organization eliminates the activity or technology that is the source of a risk, it is practicing risk avoidance. This strategy completely removes the possibility of the risk occurring.

Security and Privacy Governance, Risk Management, and Compliance Program

Question

According to NIST SP 800-39, Managing Information System Risk, when an organization responds to risk by eliminating the activity or technology that are the basis for the risk, that organization is (accepting risk, avoiding risk, transferring risk, mitigating risk)? Response:

Options

  • AAvoiding the risk.
  • BAccepting the risk.
  • CTransferring the risk.
  • DMitigating the risk.

How the community answered

(42 responses)
  • A
    93% (39)
  • C
    2% (1)
  • D
    5% (2)

Why each option

According to NIST SP 800-39, when an organization eliminates the activity or technology that is the source of a risk, it is practicing risk avoidance. This strategy completely removes the possibility of the risk occurring.

AAvoiding the risk.Correct

NIST SP 800-39, 'Managing Information System Risk,' defines risk avoidance as the decision to eliminate the activity or technology that is the basis for the risk. By removing the source, the organization entirely prevents the associated potential negative impacts and likelihood of occurrence.

BAccepting the risk.

Accepting the risk means acknowledging the risk and taking no action to reduce it, often because mitigation costs outweigh potential losses.

CTransferring the risk.

Transferring the risk involves shifting the risk to another party, typically through insurance or outsourcing, rather than eliminating the activity itself.

DMitigating the risk.

Mitigating the risk involves implementing controls or taking actions to reduce the likelihood or impact of the risk, not removing the underlying activity.

Concept tested: Risk response strategies - NIST

Source: https://nvlpubs.nist.gov/nistpubs/Legacy/SP/nistspecialpublication800-39.pdf

Topics

#NIST SP 800-39#Risk Management#Risk Response#Risk Avoidance

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