Risk management depends on: risk assessment, risk treatment, risk acceptance, risk communication, risk monitoring and risk review. Risk assessment in turn depends upon risk analysis and risk evaluation. Risk analysis depends upon risk estimation. Finally, risk evaluation depends upon risk estimation and Risk criteria. Explain this interdependency in detail.

Risk management in the context of Information Technology (IT) security is a structured approach to identifying, assessing, and mitigating potential risks to an organization's assets, including data, networks, systems, and personnel. It is a critical process to ensure the protection of sensitive information and the continued operation of IT systems. The components of risk management—risk assessment, risk treatment, risk acceptance, risk communication, risk monitoring, and risk review—are all interconnected and dependent on each other in a systematic way. Understanding these interdependencies is essential for effectively managing risks in an IT environment.

Risk assessment is the foundational step in the risk management process. It involves identifying potential risks, evaluating their likelihood and impact, and determining the level of threat they pose to the organization. This step relies heavily on two key subcomponents: risk ________ ____ ___ ______ __________ _____ ________ ____ ________ ______.
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