Episode 64 — Choose Risk Treatment Options and Perform Cost-Benefit Analysis That Persuades
This episode teaches how to choose among risk treatment options—mitigate, transfer, avoid, or accept—and perform cost-benefit analysis that persuades leadership, which is a core ISSMP skill because decisions must be justified with tradeoffs, not intuition. You will learn how to compare options using business impact, likelihood reduction, residual risk, implementation cost, operational burden, and time-to-value, then communicate results in plain language tied to risk appetite and strategic priorities. Scenarios include deciding whether to invest in identity modernization versus compensating controls, whether to purchase cyber insurance as a transfer mechanism, or whether to avoid a high-risk business activity until controls mature. Best practices include documenting assumptions, presenting tiered options, and showing how each option changes exposure and evidence readiness. Produced by BareMetalCyber.com, where you’ll find more cyber audio courses, books, and information to strengthen your educational path. Also, if you want to stay up to date with the latest news, visit DailyCyber.News for a newsletter you can use, and a daily podcast you can commute with.
