Which step in the Risk Assessment process involves evaluating potential threats?

In the Risk Assessment process, evaluating potential threats is a crucial aspect of the risk analysis step. During this phase, vulnerabilities in a system are identified and assessed in relation to potential threats that could exploit these vulnerabilities.

Risk analysis focuses on understanding what risks are present, the likelihood of these risks occurring, and the potential impact they would have on the organization. This involves systematically examining identified vulnerabilities while considering various threat actors and scenarios that might exploit these weaknesses. The overall goal is to prioritize threats based on their potential impact and likelihood, enabling better decision-making for risk mitigation.

The other steps, while important, do not specifically focus on the evaluation of potential threats. System characterization involves defining the system and its components, control recommendations focus on proposing measures to mitigate identified risks, and results documentation includes recording the findings and decisions made during the risk assessment process. Thus, risk analysis is the definitive step where the evaluation of potential threats takes place.