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NEW QUESTION 27
When reporting risk assessment results to senior management, which of the following is MOST important to include to enable risk-based decision making?
- A. Potential losses compared to treatment cost
- B. A list of assets exposed to the highest risk
- C. Recent audit and self-assessment results
- D. Risk action plans and associated owners
Answer: A
NEW QUESTION 28
You are the project manager of your enterprise. You have introduced an intrusion detection system for the control. You have identified a warning of violation of security policies of your enterprise. What type of control is an intrusion detection system (IDS)?
- A. Detective
- B. Preventative
- C. Recovery
- D. Corrective
Answer: A
Explanation:
Section: Volume C
Explanation:
An intrusion detection system (IDS) is a device or software application that monitors network and/or system activities for malicious activities or policy violations and produces reports to a Management Station. Some systems may attempt to stop an intrusion attempt but this is neither required nor expected of a monitoring system. Intrusion detection and prevention systems (IDPS) are primarily focused on identifying possible incidents, logging information about them, and reporting attempts. In addition, organizations use IDPS for other purposes, such as identifying problems with security policies, documenting existing threats, and deterring individuals from violating security policies.
As IDS detects and gives warning when the violation of security policies of the enterprise occurs, it is a detective control.
Incorrect Answers:
B: These controls make effort to reduce the impact of a threat from problems discovered by detective controls.
As IDS only detects but not reduce the impact, hence it is not a corrective control.
C: As IDS only detects the problem when it occurs and not prior of its occurrence, it is not preventive control.
D: These controls make efforts to overcome the impact of the incident on the business, hence IDS is not a recovery control.
NEW QUESTION 29
What are the steps that are involved in articulating risks? Each correct answer represents a complete solution. Choose three.
- A. Identify the response
- B. Identify business opportunities.
- C. Communicate risk analysis results and report risk management activities and the state of compliance.
- D. Interpret independent risk assessment findings.
Answer: B,C,D
Explanation:
Following are the tasks that are involved in articulating risk:
Communicate risk analysis results.
Report risk management activities and the state of compliance.
Interpret independent risk assessment findings.
Identify business opportunities.
NEW QUESTION 30
Which of the following operational risks ensures that the provision of a quality product is not overshadowed by the production costs of that product?
- A. Contract and product liability risks
- B. Profitability operational risks
- C. Project activity risks
- D. Information security risks
Answer: B
Explanation:
Section: Volume B
Explanation
Explanation:
Profitability operational risks focus on the financial risks which encompass providing a quality product that is cost-effective in production. It ensures that the provision of a quality product is not overshadowed by the production costs of that product.
Incorrect Answers:
A: Information security means protecting information and information systems from unauthorized access, use, disclosure, disruption, modification, perusal, inspection, recording or destruction. Information security risks are the risks that are associated with the protection of these information and information systems.
B: These risks do not ensure that the provision of a quality product is not overshadowed by the production costs of that product.
C: Project activity risks are not associated with provision of a quality product or the production costs of that product.
NEW QUESTION 31
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