Which of the following steps in the risk management process involves establishing the scope and...

Risk identificationis the first step in the risk management process, where potential threats and vulnerabilities are analyzed to understand their impact on an organization. This includesidentifying assets, evaluating threats, and assessing potential vulnerabilities.

Risk mitigation: Reducing risk by implementing controls.

Risk treatment: Determining how to handle identified risks.

Risk monitoring and review: Ongoing evaluation of risk controls.