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When assessing risk and impact, putting value, typically monetarily, on potential loss of a compromised asset is:

a. Risk weighting
b. Risk evaluation
c. Impact assessment
d. Asset valuation

User Fabry
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1 Answer

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Final answer:

When assessing risk and impact, putting value, typically monetarily, on potential loss of a compromised asset is Asset valuation. (Option d)

Step-by-step explanation:

When assessing risk and impact in the context of risk management, putting a monetary value on the potential loss of a compromised asset is referred to as "asset valuation." This process involves determining the financial worth of an asset, which can include physical assets like property and equipment, financial assets, intellectual property, or any resource considered valuable to an organization.

Asset valuation is a crucial component of risk evaluation and management because it helps organizations prioritize their security efforts. By assigning a monetary value to assets, organizations can assess the potential financial impact of various risks, such as security breaches or disasters, on those assets. This information informs decisions about risk mitigation strategies and resource allocation.

Risk weighting (Option A), risk evaluation (Option B), and impact assessment (Option C) are related concepts in the broader context of risk management.

Therefore, the correct option is: d. Asset valuation

User Mark Nugent
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