iSACA Cybersecurity Fundamentals Certification Practice Exam

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What is the primary purpose of a cyberrisk assessment?

  1. To eliminate all potential risks

  2. To analyze and rank different risk attributes

  3. To establish a risk-free environment

  4. To train employees on security protocols

The correct answer is: To analyze and rank different risk attributes

The primary purpose of a cyberrisk assessment is to analyze and rank different risk attributes. This process involves identifying potential risks to an organization’s information systems and evaluating their likelihood and impact. By assessing the various cyber risks, organizations can prioritize them based on severity, allowing them to allocate resources effectively to mitigate the highest risks first. The focus of a cyberrisk assessment is not to eliminate all potential risks or to create a risk-free environment, as this is often impractical and unrealistic given the dynamic nature of cyber threats. Additionally, while training employees on security protocols is a critical part of an organization's overall cybersecurity strategy, it is not the fundamental goal of a cyberrisk assessment. Instead, the assessment lays the groundwork for understanding where vulnerabilities exist and what measures can be taken to protect the organization from potential incidents.