What are the three most important sources of risk?

The significance of the correct answer lies in its comprehensive approach to the inherent dangers organizations face. Natural phenomena, technological exposure, and human acts encompass a broad spectrum of risks that can disrupt business continuity.

Natural phenomena include disasters like earthquakes, floods, and hurricanes, which can cause significant physical damage and operational delays. This type of risk is often unpredictable and can have devastating effects on infrastructure and personnel.

Technological exposure refers to risks associated with technology failures or cyberattacks. As organizations increasingly rely on technology for their operations, the potential for technological disruptions grows. This includes software malfunctions, data breaches, and system failures, all of which can compromise critical business functions and data integrity.

Human acts represent risks arising from intentional or unintentional actions taken by individuals, such as fraud, negligence, or even simple errors in judgment. This category underscores the role that human behavior plays in risk management and the importance of having safeguards and protocols in place to mitigate such risks.

Considering these aspects, this choice is favored because it encompasses a diverse range of risk sources that have far-reaching implications for organizations, especially in developing effective business continuity plans. Other options may identify important risks as well but do not provide as comprehensive and relevant a spectrum of potential threats to organizational stability.