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Which step follows the risk analysis phase in the Information Security Risk Management Process?

Risk Identification

Risk Evaluation

In the Information Security Risk Management Process, after the risk analysis phase is completed, the next step is risk evaluation. This phase is crucial as it involves assessing identified risks against the organization's risk criteria to determine their significance. During risk evaluation, organizations prioritize risks based on their impact and likelihood, which facilitates informed decision-making regarding which risks need to be addressed or accepted.

Understanding risk evaluation is essential because it helps in distinguishing between risks that require immediate action and those that are relatively minor, aligning the organization's resource allocation with its risk appetite and tolerance. This process ensures that all significant risks are acknowledged and managed appropriately, playing a vital role in the overall risk management framework.

While risk identification, context establishment, and risk treatment are important stages in the risk management process, they precede or follow the evaluation phase, making risk evaluation the logical step to follow after risk analysis.

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Context Establishment

Risk Treatment

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