Which type of risk assessment focuses on the cyber environment?

The focus of a Cyber Risk Assessment is specifically on evaluating and managing risks associated with the cyber environment. This type of assessment systematically identifies potential threats, vulnerabilities, and impacts on an organization's digital assets, including networks, systems, and data.

Cyber Risk Assessments consider a wide array of factors such as data breaches, malware attacks, insider threats, and other cyber incidents. They aim to determine the likelihood and magnitude of various risks, enabling organizations to prioritize their cybersecurity efforts effectively. By quantifying risk in terms of potential impact and likelihood, organizations can make informed decisions about where to allocate resources to mitigate those risks.

Other options, while related to risk and security, do not focus specifically on the cyber environment. A Gap Assessment typically reviews the differences between current practices and desired outcomes without a sole emphasis on cybersecurity. Penetration Testing simulates attacks to test the security of systems but is a method used within the framework of a Cyber Risk Assessment rather than a standalone assessment type. Vulnerability Assessments identify weaknesses within systems but do not necessarily evaluate the broader cyber risks or their potential impacts. Thus, the Cyber Risk Assessment stands out as the most comprehensive approach specifically tailored to address the unique challenges of the cyber landscape.