Which of the following statements correctly reflects the chaining of risk management processes?

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The correct answer signifies a logical and effective progression through the risk management process. The chaining follows these key steps:

  • Assess: This initial step involves identifying and evaluating risks to understand their potential impact on the organization. Risk assessment is crucial as it forms the foundation of informed decision-making regarding risk management.
  • Plan: Following the assessment, planning involves developing strategies to address identified risks. This includes determining which risks to mitigate, accept, transfer, or avoid, creating a clear framework that aligns with the organization's objectives.

  • Design: At this stage, organizations design the processes and controls necessary to manage the identified risks effectively. This may include developing policies, procedures, and technical solutions tailored to the specific risks faced.

  • Execute: The final step involves implementing the designed controls and strategies. Execution ensures that the risk management practices are put into action, thereby mitigating risks and enhancing the organization's security posture.

This systematic approach ensures that risks are comprehensively evaluated and managed strategically, making it a cornerstone of effective risk management within any organization.

The other choices fail to represent a coherent and recognized order of the risk management process. For example, some combinations place execution before planning or assessing, which could lead to poorly informed decisions and ineffective risk

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