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In this segment, we'll talk about Risk Management and how to implement how to design and implement good cost effect security solutions. We'll examine in depth the process of identifying risk, how to determine risk probability vs. impact, transference. You'll learn the 4 basic stages of risk management: risk assessment, risk analysis, risk mitigation and risk monitoring, what they are, what they entail and why. We'll discuss in detail how to identify and value assets, the difference between qualitative and quantitative analysis, correlate risk acceptances to risk rejection and explore the many facets of ongoing risk monitoring in the risk management process. And finally, you'll learn the direct and interrelationships between risk management and business continuity and why that's important to CISSPs.