A cloud service company forms a security team to handle risks of disruption of cloud services caused by cyber-attacks. What should the team do first in the risk management process?
- Frame the risk.
- Monitor the risk.
- Assess the risk.
- Respond to the risk.
Explanation: Risk management is a formal process that measures the impact of a threat and the cost to implement controls or countermeasures to mitigate that threat. The first step in the risk management process is framing the risk by identifying the threats throughout the organization that increase risk.
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