Cisco Cyber Security Practice Exam

What is typically the first step an organization should take when assessing risk?

1. Implementing security measures

2. Conducting a risk analysis

3. Training employees on policies

4. Establishing a response plan

The correct answer is: Conducting a risk analysis

The first step an organization should take when assessing risk is conducting a risk analysis. This fundamental process involves identifying potential threats and vulnerabilities within the organization, evaluating their likelihood and impact, and understanding the overall risk landscape. Conducting a risk analysis provides the necessary data and insights needed to make informed decisions about where to focus resources and implement security measures effectively. By understanding the specific risks that the organization faces, management can prioritize actions based on the greatest potential impact, tailoring their security posture accordingly. This foundational step ensures that any subsequent actions, whether it be implementing security measures, training, or establishing response plans, are based on a clear understanding of the risks involved, allowing for a more targeted and effective approach to risk management. Other options, such as implementing security measures or training employees, would be premature without first understanding the specific risks. Similarly, establishing a response plan requires a clear assessment of potential scenarios, which again stems from a well-conducted risk analysis. Therefore, conducting a risk analysis is not only the most logical starting point, but it also sets the stage for all other risk management activities.