Which of the following is NOT a component of risk management?

The correct answer highlights a component that is not typically categorized as part of the formal risk management process. Risk management generally encompasses a structured approach to identifying, assessing, and responding to risk. This process includes establishing and implementing organizational policies (which guide risk management practices), developing risk response strategies (to address the risks that are identified), and monitoring security controls (to ensure they are effective and functioning as intended).

Recognizing user behaviors, while important for understanding threats and vulnerabilities within an organization, does not fit neatly into the foundational components of risk management. Instead, it is more of an observational aspect that supports and informs risk management practices rather than a formal component of the risk management framework itself.

Thus, focusing on the structured components of risk management will help ensure that organizations can effectively address and mitigate risks without falling into the trap of informal observations, which can lead to gaps in strategy.