Beth is conducting a risk assessment. She is trying to determine the impact a security incident will have on the reputation of her company. What type of risk assessment is best suited to this type of analysis?

Question

Social Studies

Shaniya Madden

17 May, 10:32

Beth is conducting a risk assessment. She is trying to determine the impact a security incident will have on the reputation of her company. What type of risk assessment is best suited to this type of analysis?

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Answers (1)

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Teresa Hodge · Answer 1

Qualitative

Explanation:

Qualitative risk analysis is the technique which is used to quantify the risk associated with a specific or particular hazard.

The risk assessment is often used for the uncertain events which could have many outcomes and also for which there can be many significant consequences.

Risk is the function of the probability of an event and consequences given that event occurs.

Qualitative assessments are very good for screening the level assessments when the comparing or the screening multiple alternatives or for when the data is not sufficient to support the numerical probability or the consequence estimates.