A. Effectiveness of risk response options
The best criterion for selecting a risk response is the effectiveness of the available response options. When choosing how to address a specific risk, organizations should consider which response will most effectively reduce or mitigate the risk to an acceptable level. This involves evaluating the potential impact of each response option, its feasibility, and its ability to address the specific risk scenario.
While alignment with industry standards and the importance of IT risk within the enterprise are relevant factors, the primary consideration should always be how well a particular response option will manage the risk effectively. The capability to implement the response is also crucial but typically comes after determining the effectiveness of the response itself.
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