Which method is used for analyzing risk in software systems?

Prepare for the WGU C838 Managing Cloud Security Exam. Study effectively with flashcards and multiple-choice questions, complete with hints and explanations. Ensure your success with this comprehensive preparation guide.

The correct answer in the context of analyzing risk in software systems is not Security Information and Event Management (SIEM). Rather, the key methods for analyzing risk generally focus on identifying vulnerabilities, threats, and potential impacts on the software. SIEM is primarily a security management approach designed to provide a comprehensive view of security incidents by collecting, analyzing, and acting upon security data from across an organization’s technology stack. While SIEM can help inform risk analysis by providing data about security events and incidents, it is not specifically a method for analyzing risk.

Systematic Risk Analysis, on the other hand, provides a structured approach for evaluating risks related to software systems. It involves identifying key risk factors and assessing their impact systematically. Similarly, a Risk Assessment Framework offers a comprehensive approach to evaluating risks, outlining methodologies and best practices for identifying and mitigating risks in various contexts, including software systems.

Data Loss Prevention (DLP) focuses on preventing sensitive data breaches and ensuring compliance with data protection regulations, but it doesn't serve as a method for analyzing risk itself.

In summary, while all options relate to security in some form, the choice of method for analyzing risk in software systems aligns more closely with frameworks like Systematic Risk Analysis or Risk Assessment Framework rather than SIEM, making

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