Risk Management Life Cycle:

The individual must have knowledge of the risk management life cycle, which includes process identification and documentation, information security risk assessment, risk analysis and identification of controls.

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Risk Avoidance, Transfer and Acceptance:

The individual must understand how to reduce risk through information security measures. This involves understanding the need for risk assessment, analyzing weaknesses in internal controls and identifying risk mitigation strategies. The individual should be very well versed in risk avoidance because it will help him or her identify risks within the organization as well as take measures to eliminate these risks.

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