Canadian Health Information Management Association Exam 2025 – 400 Free Practice Questions to Pass the Exam

A Threat Risk Assessment (TRA) is a systematic process designed to identify potential threats to an asset and the risks associated with those threats. Each component of a TRA plays a critical role in understanding and managing security risks.

The asset inventory is essential because it involves cataloging all assets that could be affected by threats, allowing for a clear understanding of what needs protection. Risk assessment involves evaluating the identified threats in terms of their potential impact and likelihood, which is central to understanding vulnerabilities. Risk treatment refers to the strategies and actions taken to mitigate those risks once they have been assessed.

A Privacy Impact Assessment (PIA), while related to risk management frameworks, does not specifically fall under the components of a Threat Risk Assessment. A PIA focuses on assessing the potential impact of a project or system on individual privacy and is aimed at identifying privacy-related risks, rather than specifically evaluating threats and risks to assets.

Therefore, the absence of the PIA as a component in a standard Threat Risk Assessment process is what makes this answer applicable to the question.