CISSP® Certification Domain 1 Security and Risk Management Video Boot Camp for 2022 - Risk Management - Assessment Part

The video tutorial covers the process of risk assessment, including qualitative and quantitative analysis, risk mitigation strategies, and the importance of cost-benefit analysis. It discusses various risk management strategies such as transference, acceptance, and avoidance, and emphasizes the need for thorough assessment and analysis of current countermeasures. Key concepts like threat, vulnerability, and impact are defined, providing a comprehensive understanding of risk management.

How does risk transference work, and what is a common method of transferring risk?

What does risk acceptance entail, and when might an organization choose this strategy?

What factors should be considered when calculating risk?