What is risk management in the context of FITSI?

Risk management in the context of FITSI focuses on the systematic approach to identifying, assessing, and mitigating risks that can potentially harm information security. This definition encompasses the entire lifecycle of risk, where organizations evaluate the types of threats they may face, analyze vulnerabilities within their systems, and implement strategies to minimize or eliminate those risks. The emphasis is on creating a secure environment for data and infrastructure by proactively addressing and managing risks rather than reacting to incidents after they occur.

In contrast, the other options pertain to different areas of organizational management. Managing IT budgets and expenditures relates specifically to financial oversight rather than security risks. Evaluating employee performance focuses on human resources and productivity, while developing marketing strategies for IT services targets promotion and sales efforts, not risk management. Thus, the correct answer encapsulates the essential elements of risk management specifically in relation to safeguarding information security in the FITSI framework.