In risk analysis, which of the following actions is performed?

In risk analysis, determining the probability of each risk occurring is a crucial step in understanding the overall risk landscape an organization faces. This process involves assessing the likelihood of various identified risks and calculating how likely each risk is to happen given the organization's specific context and environment. Understanding the probability helps prioritize risks, enabling organizations to focus their resources on the most significant threats.

This integral part of risk analysis facilitates informed decision-making about risk management strategies. By quantifying risks, organizations can better prepare for potential events, create robust mitigation plans, and allocate resources effectively.

Identifying all potential risks is indeed an important initial step in the overall risk management process, but it does not encompass the depth of analysis provided by assessing probabilities. Similarly, drafting security policies and implementing security awareness programs are key aspects of an organization's security strategy but fall under different stages in the overall risk management framework. Only through determining the probability can risks be effectively quantified and managed within the broader context of organizational risk.