____________________ Is a Risk Management Framework Developed to Help Organizations

question 40

Short Answer

____________________ is a risk management framework developed to help organizations to understand,analyze,and measure information risk.The outcomes are more cost-effective information risk management,greater credibility for the information security profession,and a foundation from which to develop a scientific approach to information risk management.

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Definitions:

Club Good

A type of good that is excludable but non-rivalrous, meaning people can be prevented from using it, but one person's use does not diminish availability for others.

Cost-Benefit Analysts

Professionals who assess the economic pros and cons of different projects or decisions to determine their financial viability.

Public Projects

Initiatives funded and executed by the government aimed at benefiting the general public, such as infrastructure development and educational programs.

Basic Research

Fundamental scientific research aimed at increasing the understanding of fundamental principles, without immediate commercial objectives.