The second step of the risk assessment process is generally to
A)identify controls to reduce all risk to zero.
B)estimate the exposure from negative events.
C)identify the threats that the company currently faces.
D)estimate the risk probability of negative events occurring.

Question

Quizplus · Accepted Answer

The second step of the risk assessment process is to estimate the probability or likelihood of negative events occurring. This involves considering the likelihood of threats or hazards materializing and the potential impact on the organization if they do occur. It is important to estimate risk probability before identifying controls or mitigation measures because this information helps prioritize risk management efforts.

The Second Step of the Risk Assessment Process Is Generally