Which risk assessment technique involves analyzing potential threats and their impacts?

The technique of analyzing potential threats and their impacts is effectively captured by scenario analysis. In this method, various scenarios are constructed based on specific threats, assessing how these scenarios might play out and the subsequent impacts on the asset or system in question. This includes examining both the likelihood of each scenario occurring and the potential consequences, allowing organizations to understand the risks in a comprehensive manner.

Scenario analysis is particularly useful because it goes beyond mere statistical evaluation, incorporating qualitative and contextual information to provide a richer understanding of risk. By envisioning different possible futures and the threats that could lead to adverse outcomes, organizations can develop strategies to mitigate those risks effectively.

Heat mapping, on the other hand, primarily focuses on visualizing risk levels associated with different assets rather than providing a detailed analysis of specific threats and impacts. Qualitative analysis involves assessing risk based on non-numerical data, and while it can consider impacts, it does not specifically structure the exploration of potential threats in the same detailed way that scenario analysis does. Quantitative analysis focuses on numerically measuring risks, typically using statistical methods, rather than developing speculative scenarios about threats.

Thus, scenario analysis stands out as the correct choice due to its emphasis on exploring how potential threats could impact systems or assets in various plausible scenarios