The greatest challenge with assessing emerging risk in an organization is the incomplete identification of threats, as emerging risks are often new, unknown, or unfamiliar, and may not be fully understood or assessed. Incomplete identification of threats can lead to gaps in risk analysis and management, and expose the organization to unexpected or unprepared scenarios. The other options, such as lack of a risk framework, ineffective security controls, or presence of known vulnerabilities, are not specific to emerging risks, and may apply to any type of risk assessment. References:
* https://committee.iso.org/sites/tc262/home/projects/ongoing/iso-31022-guidelines-for-impl-2.html
* https://www.isaca.org/resources/news-and-trends/newsletters/atisaca/2023/volume-6/emerging-risk- analysis
* https://projectriskcoach.com/emerging-risks/