Which term denotes something of value, tangible or intangible, that is worth protecting?

Prepare for the ISACA IT Risk Fundamentals Test. Find flashcards and multiple choice questions, complete with hints and explanations. Ace your exam with confidence!

Multiple Choice

Which term denotes something of value, tangible or intangible, that is worth protecting?

Explanation:
In IT risk, the central idea is identifying assets—the things of value that require protection. An asset can be tangible, like servers or laptops, or intangible, like data, software, brand reputation, or intellectual property. These are the items the organization aims to safeguard because their loss, theft, or compromise would hurt the business. Seeing assets this way helps you focus risk management efforts on what matters most. The other terms describe different ideas: access risk refers to the risk of unauthorized or inappropriate access, a stakeholder is anyone with an interest in or impact from the organization, and risk tolerance (or risk appetite) is how much risk the organization is willing to accept.

In IT risk, the central idea is identifying assets—the things of value that require protection. An asset can be tangible, like servers or laptops, or intangible, like data, software, brand reputation, or intellectual property. These are the items the organization aims to safeguard because their loss, theft, or compromise would hurt the business.

Seeing assets this way helps you focus risk management efforts on what matters most. The other terms describe different ideas: access risk refers to the risk of unauthorized or inappropriate access, a stakeholder is anyone with an interest in or impact from the organization, and risk tolerance (or risk appetite) is how much risk the organization is willing to accept.

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy