From the course: ISACA Certified in Risk and Information Systems Control (CRISC) Cert Prep

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Risk assessment techniques

Risk assessment techniques

From the course: ISACA Certified in Risk and Information Systems Control (CRISC) Cert Prep

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Risk assessment techniques

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- [Instructor] Next, we're going to talk about risk assessment techniques. There are many different risk assessment techniques to choose from, and we're going to list a couple, and if you went out in the industry or looked at the ISACA materials, you'd see that there's 15, 20. I'm sure there's always a new risk assessment technique coming out to from the industry, but you want to take a look at what's best for your organization. I also want you to consider that longevity can help with consistency over time. So for example, you may be looking at your technology risks today, and you may say, "Yes, this specific quantitative method is the best method that we want to pick, and it's the one that we definitely want." However, if in 18 months you've built this risk assessment method to be specific to only one type of risk, or only to your security and technology risk and not the rest of the risks in your organization,…

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