You have a system with 2 identified risks.

 Relative Likelihood of Event in Risk Assessment:

When assessing risks, understanding the relative likelihood of events helps prioritize which risks require immediate attention and mitigation.

Risk with higher probability should be addressed first, especially if its impact is significant.

 Why This Option Is Correct:

It emphasizes the importance of assessing the comparative probability of risks occurring to guide mitigation efforts effectively.

 Why Other Options Are Incorrect:

A. Controlled Mitigation Effort: Refers to managing mitigation, not comparing probabilities.

B. Risk Impact Comparison: Focuses on impact, not probability.

D. Comparative Threat Analysis: Examines threats broadly, not specific event likelihoods.

 References:

EC-Council emphasizes the use of probability and impact matrices in risk assessments to prioritize actions.