Given the impossibility of foreseeing every conceivable control to address all threats, risk management uses the approach of assessing risk to determine the probability of risk, its frequency, and its impact.

Question

Quizplus · Accepted Answer

This statement is true. Risk management involves assessing the probability and impact of risks in order to determine the most effective controls to mitigate those risks. It is virtually impossible to anticipate every possible threat and develop a control for each one, which is why risk assessment is such an important aspect of risk management.

Given the Impossibility of Foreseeing Every Conceivable Control to Address