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NEW QUESTION: 1
Sam is the security Manager of a financial institute. Senior management has requested he performs a risk analysis on all critical vulnerabilities reported by an IS auditor. After completing the risk analysis, Sam has observed that for a few of the risks, the cost benefit analysis shows that risk mitigation cost (countermeasures, controls, or safeguard) is more than the potential lost that could be incurred. What kind of a strategy should Sam recommend to the senior management to treat these risks?
A. Risk Acceptance
B. Risk transfer
C. Risk Avoidance
D. Risk Mitigation
Answer: A
Explanation:
Explanation/Reference:
Explanation:
Risk Acceptance means the company understands the level of risk it is faced with, as well as the potential cost of damage, and decides to just live with it and not implement the countermeasure. Many companies will accept risk when the cost/benefit ratio indicates that the cost of the countermeasure outweighs the potential loss value.
Risk acceptance should be based on several factors. For example, is the potential loss lower than the countermeasure? Can the organization deal with the "pain" that will come with accepting this risk? This second consideration is not purely a cost decision, but may entail noncost issues surrounding the decision.
For example, if we accept this risk, we must add three more steps in our production process. Does that make sense for us? Or if we accept this risk, more security incidents may arise from it, and are we prepared to handle those?
Incorrect Answers:
A: Risk mitigation is to implement countermeasures to protect against the risk. This does not refer to the accepting of known risks because the cost benefit analysis shows that risk mitigation cost (countermeasures, controls, or safeguard) is more than the potential lost that could be incurred.
C: Risk avoidance is where a company removes the risk. For example, by disabling a service or removing an application deemed to be a risk. This does not refer to the accepting of known risks because the cost benefit analysis shows that risk mitigation cost (countermeasures, controls, or safeguard) is more than the potential lost that could be incurred.
D: Risk transference is where you assign the risk to someone else; for example, by purchasing insurance.
This would transfer the risk to the insurance company. This does not to the accepting of known risks because the cost benefit analysis shows that risk mitigation cost (countermeasures, controls, or safeguard) is more than the potential lost that could be incurred.
References:
Harris, Shon, All In One CISSP Exam Guide, 6th Edition, McGraw-Hill, New York, 2013, pp. 97-98
NEW QUESTION: 2
A. Option A
B. Option D
C. Option C
D. Option B
Answer: D
NEW QUESTION: 3
DRAG DROP
Answer:
Explanation:
workflow Use-WorkflowCheckpointSample
{
# An exception occurs if 'HasBeenSuspended' does not already exist.
# Exceptions that are not caught with a try/catch will cause the runbook to suspend.
Set-AutomationVariable -Name 'HasBeenSuspended' -Value $False
# This line occurs before the checkpoint. When the runbook is resumed after
# suspension, 'Before Checkpoint' will not be output a second time.
Write-Output "Before Checkpoint"
# A checkpoint is created.
Checkpoint-Workflow
# This line occurs after the checkpoint. The runbook will start here on resume.
Write-Output "After Checkpoint"
$HasBeenSuspended = Get-AutomationVariable -Name 'HasBeenSuspended'
# If branch only executes if the runbook has not previously suspended.
if (!$HasBeenSuspended) {
Set-AutomationVariable -Name 'HasBeenSuspended' -Value $True
# This will cause a runtime exception. Any runtime exception in a runbook
# will cause the runbook to suspend.
1 + "abc"
}
Write-Output "Runbook Complete"
}
Reference: https://gallery.technet.microsoft.com/scriptcenter/How-to-use-workflow-cd57324f
NEW QUESTION: 4
Which of the following is not a rating in the network security incident?
A. Special network security incidents
B. Major network security incidents
C. General network security incidents
Answer: A
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