Exam 350-201 topic 1 question 105 discussion

To assess the effectiveness of risk mitigation in an organization, it is essential to analyze key performance indicators (KPIs). These indicators provide measurable values that can demonstrate how effectively the company is achieving its key business objectives. In the context of risk mitigation, KPIs can include metrics such as the number of incidents or losses prevented, the percentageof risks mitigated, the cost savings achieved, or the level of stakeholder satisfaction. By analyzing these indicators, an organization can determine whether its risk mitigation strategies are successful in reducing the likelihood and impact of potential risks1.

A. Analysis of key performance indicators is needed to assess risk mitigation effectiveness in an organization. KPIs can help measure the effectiveness of risk mitigation strategies and provide a clear picture of an organization's security posture over time. This information can help organizations identify areas of improvement, optimize resource allocation, and make more informed decisions about their security programs. - ChatGPT