CompTIA Security+ SY0-701 Cert Guide

Chapter 24

Understanding Elements of the Risk Management Process

This chapter covers the following topics related to Objective 5.2 (Explain elements of the risk management process) of the CompTIA Security+ SY0-701 certification exam:

• Risk identification

• Risk assessment

• Risk analysis

• Risk register

• Risk tolerance

• Risk appetite

• Risk management strategies

• Risk reporting

• Business impact analysis

This chapter explores risk management, covering the initial steps of risk identification and assessment, including various approaches, such as ad hoc and continuous methods. It delves into risk analysis metrics such as single loss expectancy (SLE) and annualized loss expectancy (ALE) and discusses the importance of probability and impact. The chapter outlines ...