Certified Governance Risk and Compliance (CGRC) Practice Exam 2026 – All-in-One Guide to Master Your Certification!

The correct choice focuses on Part 3 of BS 7799, which specifically delves into risk analysis and management. BS 7799 is a standard for information security management. Part 3 is particularly significant as it provides a framework for organizations to assess and manage risks associated with information assets. This part emphasizes the importance of identifying vulnerabilities, threats, and the potential impact on the organization's operations and information security.

In the context of its comprehensive approach, Part 3 outlines methodologies for conducting risk assessments and developing risk management strategies, making it essential for organizations looking to establish or enhance their information security management systems. This aspect is crucial for ensuring that potential risks are not only identified but also effectively mitigated through systematic processes tailored to the organization's needs.

Other parts of BS 7799 cover different aspects of information security management, such as the establishment of a management system and the implementation of controls, but they do not focus as specifically on risk analysis and management as Part 3 does. Understanding this structure helps organizations align their risk management practices with formal standards and enhances their ability to safeguard their information assets effectively.