A risk and benefit evaluation is a method of weighing the pros and cons of an action or decision, such as modifying the enterprise information security policy to allow the use of personal equipment for work-related purposes. A risk and benefit evaluation can help identify the potential risks and benefits of such a change, assess their likelihood and impact, and compare them with the current situation or alternative options1. A risk and benefit evaluation can provide a systematic and objective basis for making a decision that balances the needs and interests of different stakeholders, such as IT security, employees, and the organization2. The other options are not the best basis for making a decision on whether to modify the enterprise information security policy. Audit findings are reports that evaluate the compliance and effectiveness of an existing policy or process, but they do not necessarily address the potential risks and benefits of changing it3. User access approval procedures are steps that authorize or deny users to access certain resources or systems, but they do not reflect the overall impact of using personal equipment for work-related purposes4. The impact to security is an important factor to consider, but it is not the only one. There may be other benefits or risks that need to be taken into account, such as productivity, cost, user satisfaction, etc.5 References:
5: https://www.osha.gov/personal-protective-equipment
4:
https://www.ato.gov.au/Individuals/Income-deductions-offsets-and-records/Deductions-you-can-claim/Too
3:
https://www.ema.europa.eu/en/documents/presentation/presentation-periodic-safety-update-report-procedu
2: https://safetyculture.com/topics/risk-analysis/
1: https://pestleanalysis.com/risk-benefit-analysis/