What role does 'quantitative risk analysis' play in cybersecurity risk management?
- Assigns numerical values to risk factors
- Conducts penetration testing to assess vulnerabilities
- Identifies potential risks
- Prioritizes risks based on severity
Quantitative risk analysis involves assigning numerical values to risk factors, allowing for a quantitative assessment of potential impacts. This method aids in prioritizing risks based on severity, helping organizations allocate resources effectively. Understanding this approach is crucial for conducting a comprehensive risk assessment in cybersecurity risk management.__________________________________________________
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