What do formal security assessments evaluate?

Formal security assessments are essential components of an organization's risk management strategy, focused on evaluating how well security controls are implemented and whether they conform to established standards and frameworks. This involves examining policies, procedures, and technical measures in place to protect sensitive data and systems from security threats.

Option C is correct because it directly addresses the core purpose of these assessments: to determine if the security measures in place are both effective and compliant with relevant regulations and standards. This compliance ensures that organizations are managing risk appropriately and are prepared to handle incidents that could compromise security.

In contrast, the other options are unrelated to the objectives of security assessments. Evaluating the overall company budget pertains more to financial management rather than security. Effectiveness of marketing strategies focuses on market competition and consumer engagement, which does not encompass security controls. The efficiency of personnel management relates to human resources practices and how effectively personnel are managed, which is also outside the scope of formal security assessments. Thus, it’s clear that the evaluation of adherence to established security standards is paramount in this context.