Broder: Risk Analysis and the Security Survey, 4th Edition

Case Studies with Questions and Answers

Chapter 01: Risk

You are the corporate security manager for an international Fortune 500 corporation and have just completed a briefing to executive management trying to justify your assets protection budget. You ask if there are any questions and the CEO says, "You keep talking about minimizing risks and risk analysis, its role in management decision making. Please explain in layman's terms what you mean by all that."

Questions

1. What would you tell the CEO and other executive management at that meeting?
Your Answer

Correct Answer

The answer should include a definition of risk, executive management's role in risk analysis, risk exposure assessment, and what a risk analysis methodology can do for management.

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