What approach is NOT suitable for risk assessment?

The approach of relying solely on reactive responses is not suitable for effective risk assessment. Risk assessment aims to identify, analyze, and mitigate potential threats before they can cause harm. A proactive approach, such as anticipating risks and implementing preventive measures, is essential for minimizing vulnerabilities and safeguarding assets.

By depending exclusively on reactive responses, an organization may find itself responding to incidents after they occur, which often leads to increased costs, damage to reputation, and potentially greater harm. This reactive mindset fails to address the underlying risks that could be identified and mitigated through regular assessments and forward-thinking strategies.

In contrast, proactive prevention and adapting to operational changes are important elements of a robust risk management strategy, as they allow organizations to stay ahead of potential threats. Conserving resources can also play a role in risk assessment by ensuring that the organization allocates sufficient resources to risk management efforts without neglecting other operational needs. However, an approach that emphasizes only reacting to incidents is inadequate for comprehensive risk management.