Which security concept emphasizes identifying, assessing, and mitigating risks?

The concept that emphasizes identifying, assessing, and mitigating risks is risk management. It is a fundamental aspect of security that involves a systematic process for recognizing potential threats, evaluating the vulnerabilities associated with them, and implementing strategies to minimize their impact. This process encompasses analyzing factors such as likelihood, impact, and the effectiveness of existing controls.

Risk management not only involves the detection and analysis of risks but also prioritizes them based on their potential harm to the organization. The ultimate goal is to ensure that appropriate measures are in place to protect assets, ensuring the organization can operate effectively while safeguarding against potential security events. In contrast to other options, risk management takes a comprehensive approach to security that is proactive rather than reactive, providing a structured framework for organizations to follow in maintaining security measures.