iSACA Cybersecurity Fundamentals Certification Practice Exam

What is the combination of the probability of an event occurring and its consequences called in cybersecurity?

1. Control

2. Asset

3. Threat

4. Risk

The correct answer is: Risk

The concept that combines the likelihood of an event occurring with the potential impact of that event in cybersecurity is known as risk. Risk represents the potential for loss or damage when a threat exploits a vulnerability. It is critical in the field of cybersecurity because it helps organizations identify, evaluate, and prioritize risks to their information systems and data. Understanding risk allows organizations to allocate resources effectively to mitigate or manage threats that could adversely affect their operations. Risk assessment involves analyzing both the probability of various adverse events and the severity of their consequences to make informed decisions about security measures and strategies. This systematic approach enables organizations to understand their risk profile and to implement appropriate safeguards or controls to minimize exposure to threats. In contrast, the other terms—control, asset, and threat—each have distinct meanings within cybersecurity. Controls refer to the measures taken to reduce risk, assets are the valuable resources that must be protected, and threats refer to potential dangers that could exploit vulnerabilities. Thus, risk is the correct term that encapsulates the interplay between the probability of events and their potential impacts.