A risk assessment examines vulnerabilities for each asset and assigns one risk factor valuation for global protection. Is this statement True or False?

The statement is false because a comprehensive risk assessment typically evaluates each asset individually, considering multiple factors such as potential vulnerabilities, threats, impacts, and existing controls. Assigning a single risk factor valuation for global protection implies a one-size-fits-all approach, which overlooks the unique aspects of each asset and the specific risks associated with it.

Effective risk assessments should be tailored to the context of individual assets, recognizing that different assets might have varying levels of importance, vulnerabilities, and required protections. This approach allows organizations to prioritize their resources and responses effectively rather than applying a uniform valuation that may not accurately reflect the risk landscape.