iSACA Cybersecurity Fundamentals Certification Practice Exam

What is a risk in the context of cybersecurity?

1. A measure of an asset's value

2. Combination of the probability of an event and its consequences

3. Unique characteristics of an asset

4. Evaluation of potential threats

The correct answer is: Combination of the probability of an event and its consequences

In the context of cybersecurity, risk is defined as the combination of the probability of an event occurring and its potential consequences. This understanding is fundamental in cybersecurity, as it helps organizations assess and prioritize the risks they face concerning their information systems and assets. By evaluating both the likelihood of adverse events—such as data breaches, cyberattacks, or technical failures—and the severity of their consequences, organizations can create informed strategies for risk management. This enables them to allocate resources effectively, implement appropriate controls, and develop response plans to mitigate the overall risk to their operations. The concept emphasizes that risk is not just about the existence of threats, but also about understanding how likely those threats are and the impact they may have if they materialize. This dual perspective on risk allows organizations to engage in proactive rather than reactive cybersecurity practices.