Skip to content

Compare qualitative and quantitative cybersecurity risk analysis, and explain when each can help decision-makers.

Answer

Qualitative analysis uses descriptive categories such as High, Medium, and Low to compare risks. Quantitative analysis uses numerical estimates, often informed by loss and occurrence data, to estimate costs or frequency. Qualitative analysis can support comparison when precise data are unavailable, while quantitative estimates can support financial planning when useful data exist. Neither method removes uncertainty.

Explanation

### What a good answer covers - Defines qualitative analysis as descriptive ratings such as High, Medium, and Low. - Defines quantitative analysis as numerical estimates based on data or costs. - Explains that quantitative values can support financial comparisons and estimates. - Notes that the choice depends on available evidence and the decision being made. - Avoids treating either method as perfectly certain. ### Terms - **Qualitative analysis**: Risk comparison using descriptive categories. - **Quantitative analysis**: Risk analysis using numerical estimates. ### Remember Use the method that fits the evidence and the decision.

Related Questions

Want to practice more questions like this?

Join myBenkio free and practice past questions for your Nigerian university courses with AI explanations for every answer.

Start Practicing Free