Part VIII — Analyzing and Responding to Threats

Chapter 21

Risk Assessment and Mitigation

Domain 8

📖 Key Topics Covered

  • Risk Assessment and
  • Calculate SLE, ARO, and ALE for quantitative risk analysis
  • Understanding Risk
  • The Risk Equation
  • Risk = Threat × Vulnerability × Impact
  • Risk Assessment Methods
  • WHEN TO USE
  • Subjective ratings (High/
  • Risk matrix, priority
  • Numerical values (dollar
  • ALE, SLE, ARO
  • Financial decision‐
  • Quantitative Risk Concepts
  • Asset Value (AV)
  • Exposure Factor (EF)

🔑 Key Terms

Impact Threat Vulnerability

See the full definitions in the Glossary and test yourself with Flashcards.

Assessment Tips

💡 Assessment Tip

Know the four risk response strategies and when each is appropriate. Also know the quantitative formulas: SLE = AV × EF, and ALE = SLE × ARO. If the ALE is $100,000, it makes economic sense to spend up to $100,000 per year on controls to mitigate tha