Not a Part of Risk Analysis

D.

This step is not a part of RISK ANALYSIS.

A risk analysis has three main goals: identify risks, quantify the impact of potential threats, and provide an economic balance between the impact of the risk and the cost of the associated countermeasure.

Choosing the best countermeasure is not part of the risk analysis.

Source: HARRIS, Shon, All-In-One CISSP Certification Exam Guide, McGraw-Hill/Osborne, 2002, chapter 3: Security Management Practices (page 73)

HARRIS, Shon, Mike Meyers' CISSP(R) Certification Passport, 2002, McGraw-Hill, page 12.

Risk analysis is a systematic process used to identify, assess, and prioritize risks that may affect an organization's assets or operations. It involves analyzing the likelihood and potential impact of various threats and vulnerabilities and then selecting appropriate countermeasures to mitigate or eliminate the risks. The purpose of risk analysis is to help organizations make informed decisions about how to best allocate resources to protect their assets.

The four options given are all important parts of a risk analysis. However, the question asks which option is NOT a part of a risk analysis. The correct answer is D. "Choose the best countermeasure."

While selecting appropriate countermeasures is an essential part of risk management, it is not typically considered part of the risk analysis process. Instead, after the risks have been identified and assessed, a cost-benefit analysis is performed to determine the most appropriate countermeasures to implement based on the organization's risk tolerance and budget constraints.

To summarize, the four key steps in a risk analysis are:

A. Identify risks - this involves identifying and documenting potential risks to the organization's assets and operations.

B. Quantify the impact of potential threats - this involves assessing the likelihood and potential impact of each identified risk.

C. Provide an economic balance between the impact of the risk and the cost of the associated countermeasure - this involves weighing the cost of implementing various countermeasures against the potential impact of the risk.

D. Choose the best countermeasure - this involves selecting and implementing the most appropriate countermeasures based on the results of the risk analysis and cost-benefit analysis.