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PECB ISO-IEC-27005-Risk-Manager Exam - Topic 1 Question 2 Discussion

Actual exam question for PECB's ISO-IEC-27005-Risk-Manager exam
Question #: 2
Topic #: 1
[All ISO-IEC-27005-Risk-Manager Questions]

After creating a plan for outsourcing to a cloud service provider to store their confidential information in cloud, OrgX decided to not pursue this business strategy since the risk of doing so was high. Which risk treatment option did OrgX use?

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Suggested Answer: A

OrgX decided not to pursue a business strategy involving outsourcing to a cloud service provider due to the high risk. This decision reflects a 'risk avoidance' strategy, where the organization chooses not to engage in an activity that poses unacceptable risks. This aligns with option A.


by Carey at Sep 06, 2024, 09:41 PM

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Kenda
3 months ago
Definitely a smart move to avoid that risk!
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Madonna
3 months ago
Wait, are they really just avoiding it? Seems risky too!
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Lashaun
3 months ago
I thought they might share the risk instead.
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Gail
4 months ago
Totally agree, better safe than sorry!
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Zachary
4 months ago
Sounds like they went with risk avoidance.
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Haydee
4 months ago
I thought risk modification was about changing the plan to reduce risk, but OrgX just walked away from it, right? So, it must be avoidance.
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Malissa
4 months ago
I feel like this is a classic case of risk avoidance since they opted out of the strategy altogether.
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Cathrine
4 months ago
I'm not entirely sure, but I remember a practice question where risk sharing was about partnering with another company. That doesn't seem to fit here.
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Tiera
5 months ago
I think OrgX chose risk avoidance because they decided not to go through with the outsourcing plan due to high risks.
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Belen
5 months ago
I think I've got the right approach. OrgX chose not to take on the risk, so the answer is risk avoidance. I'm feeling confident about this one.
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Angella
5 months ago
I'm a little confused here. Is risk avoidance the same as not pursuing a risky strategy? I want to make sure I'm interpreting this correctly.
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Lauran
5 months ago
Okay, I've got this. Since OrgX decided not to pursue the cloud storage strategy due to high risk, the answer must be risk avoidance.
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Tijuana
5 months ago
Hmm, I'm a bit unsure about this one. I need to make sure I understand the difference between the risk treatment options before selecting an answer.
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Madonna
5 months ago
This seems like a straightforward risk management question. I'll carefully review the options and think through the scenario to determine the appropriate risk treatment.
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Twana
5 months ago
I'm pretty sure the answer is D. The cash flow statement using the direct method is not based on general ledger accounts, unlike the other options.
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Michael
1 year ago
Interesting choice. I wonder if they considered hiring a professional cloud whisperer to tame the cloud demons.
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Marlon
1 year ago
C) Risk modification
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Viva
1 year ago
B) Risk sharing
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Beula
1 year ago
A) Risk avoidance
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Sue
1 year ago
Risk avoidance, huh? Looks like they took the 'no risk, no reward' motto a little too literally.
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Lacresha
1 year ago
True, but they must have had good reasons for not taking the risk.
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Vallie
1 year ago
Yeah, they played it safe. Maybe they missed out on potential benefits.
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Carlee
1 year ago
OrgX decided to not pursue outsourcing to a cloud service provider. They chose risk avoidance.
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Renea
1 year ago
I agree. It's better to avoid the risk altogether than to take a chance and potentially face consequences.
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Ariel
1 year ago
Ah, the good old risk avoidance. Guess OrgX wasn't feeling adventurous enough to play cloud roulette.
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Bobbye
1 year ago
Yeah, it's always important to weigh the risks before diving in.
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Arlie
1 year ago
OrgX made the right call, better safe than sorry.
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Jutta
1 year ago
I think that was a wise decision. The risk of storing confidential information in the cloud can be high.
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Eliz
1 year ago
OrgX used risk avoidance.
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