Which of the following matrices is used to specify risk thresholds?

A.
Risk indicator matrix

B.
Impact matrix

C.
Risk scenario matrix

D.
Probability matrix

Explanation:

Risk indicators are metrics used to indicate risk thresholds, i.e., it gives indication when a risk level
is approaching a high or unacceptable level of risk. The main objective of a risk indicator is to
ensure tracking and reporting mechanisms that alert staff about the potential risks.
conducted by using probability and impact matrix. These matrices specify the mixture of probability
and impact that directs to rating the risks as low, moderate, or high priority.
Answer C is incorrect. A risk scenario is a description of an event that can lay an impact on
business, when and if it would occur.
Some examples of risk scenario are of:

Having a major hardware failure
Failed disaster recovery planning (DRP)
Major software failure