Certified Information Systems Security Professional (CISSP) Practice Exam

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Question: 1 / 1980

What is the primary goal of Risk Management?

To eliminate all risks from an organization

To identify, assess, and reduce risks to an acceptable level

The primary goal of risk management is to identify, assess, and reduce risks to an acceptable level. This involves a systematic process of recognizing potential risks that could negatively impact an organization's operations or objectives, analyzing the potential impact of these risks, and implementing strategies to mitigate or manage them effectively.

Risk management acknowledges that it is often impossible to eliminate all risks entirely, as every business has inherent uncertainties. Instead, the focus is on managing risks so they align with the organization's risk appetite and tolerance. This approach helps protect resources, ensure compliance with regulations, and maintain stakeholder trust, which is crucial for sustainable business operations.

The other choices highlight different aspects that don't align with the core objective of traditional risk management. Eliminating all risks is unrealistic, and simply shifting responsibility for risks does not eliminate the risks but merely transfers accountability. Furthermore, while increasing revenue is an essential business goal, it is not the primary focus of risk management itself. The essence of risk management lies in balancing opportunities and risks to support the organization's overall strategy.

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To increase the overall company revenue

To shift responsibility for risks to contractors

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