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Question 1 10 pts
(CO B) Which of the following best describes risk analsysis?
Risk analysis is a method/approach to evaluate the potential loss of IT assets given a disaster incident.
Risk analysis allows us to identify areas of possible business improvement.
Risk analysis is a process that is conducted to simply impress auditors.
Risk analysis is a process that is based on regulatory requirements.
Question 2 30 pts
(CO A) Explain the formula for assessing risk (Threat × Likelihood = Inherent Risk).