Comprehensive and Detailed Explanation (250–350 words)
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The EC-Council CCISO program emphasizes that the primary purpose of formal risk management—especially when handling PII—is to analyze, quantify, and communicate business risk in a consistent and repeatable manner.
CCISO documentation explains that PII introduces legal, regulatory, operational, and reputational risks. A structured risk management process allows organizations to assess likelihood and impact, evaluate controls, and communicate risk exposure to executives and stakeholders in business terms.
Risk transfer (Option A) is one possible treatment option, not a guaranteed outcome. Communicating fines (Option B) is only one aspect of risk and does not represent the full business impact. Determining whether data is necessary (Option D) may occur during data minimization discussions but is not the primary objective of risk management.
CCISO aligns risk management practices with ISO/IEC 27005 and enterprise risk management principles, reinforcing that effective decision-making requires clear risk communication.
Therefore, Option C is correct.
