What is the expected outcome of effective risk assessment?

Effective risk assessment is primarily aimed at identifying and prioritizing potential risks that an organization might face. This outcome enables organizations to understand their vulnerabilities and the likelihood of various threats occurring, as well as the potential impact these threats could have on operations. By identifying and assessing risks, organizations can then make informed decisions about how to allocate resources, implement security measures, and develop strategies to mitigate or transfer these risks.

While budget allocation for security systems can be a result of effective risk assessment, the core purpose is to focus on identifying risks before any further actions, such as funding decisions, are made. The other options, such as increased staff turnover due to security issues or reduced collaboration among teams, do not reflect the primary objectives or outcomes that should arise from a well-executed risk assessment process. Instead, effective risk management promotes informed decision-making that facilitates collaboration and supports a healthy organizational culture by addressing risks proactively.