FUNDAMENTALS OF COMPUTER

Detailed explanation-1: -Risk determination assesses threats and vulnerabilities to consider the likelihood that known threat sources will be able to exploit identified vulnerabilities to cause one or more adverse events and the consequences if such events occur.

Detailed explanation-2: -Risk assessment is an inherent part of a broader risk management strategy to help reduce any potential risk-related consequences. More precisely, risk assessment identifies and analyes potential (future) events that may negatively impact individuals, assets, and/or the environment (i.e. hazard analysis).

Detailed explanation-3: -In short, we can see them as a spectrum: First, a vulnerability exposes your organization to threats. A threat is a malicious or negative event that takes advantage of a vulnerability. Finally, the risk is the potential for loss and damage when the threat does occur.

Detailed explanation-4: -A data risk assessment is a review of how an organization protects its sensitive data and what improvements might be necessary. Organizations should perform data risk assessments periodically, as a form of audit, to help identify information security and privacy control shortcomings and reduce risk.

Detailed explanation-5: -Vulnerability assessments attempt to identify the gaps of weaknesses that undermine an organization’s security. Threat assessments study the entities and tactics and techniques used to threaten an organization.