Briefly describe the five major steps for risk management: plan, identify, assess, respond, and monitor.

What is the exercise called when you are trying to gauge how significant a risk is$?$

Given that an IT risk management plan can be large in scope, why is it a good idea to develop a risk management plan team?

In the seven domains of a typical IT infrastructure, which domain is the most difficult to plan, identify, assess, treat, and monitor? Why?

What risks, threats, and vulnerabilities did you identify and assess that require immediate risk mitigation given the criticality of the threat or vulnerability?

For risk monitoring, what are some techniques or tools you can implement in each of the seven domains of a typical IT infrastructure to help mitigate risk?