712-50 Practice Test practice questions, page 11 of 25, with answer review and explanations.
Question 51
What is a difference from the list below between quantitative and qualitative Risk Assessment?
Quantitative risk assessments result in an exact number (in monetary terms)
Quantitative risk assessments result in a quantitative assessment (high, medium, low, red, yellow, green)
Qualitative risk assessments map to business objectives
Qualitative risk assessments result in a quantitative assessment (high, medium, low, red, yellow, green)
Question 52
You have purchased a new insurance policy as part of your risk strategy. Which of the following risk strategy options have you engaged in?
Risk Mitigation
Risk Acceptance
Risk Avoidance
Risk Transfer
Question 53
What is the definition of Risk in Information Security?
Risk = Probability x Impact
Risk = Impact x Threat
Risk = Threat x Probability
Risk = Financial Impact x Probability
Question 54
A business unit within your organization intends to deploy a new technology in a manner that places it in violation of existing information security standards. What immediate action should the information security manager take?
Enforce the existing security standards and do not allow the deployment of the new technology.
If the risks associated with that technology are not already identified, perform a risk analysis to quantify the risk, and allow the business unit to proceed based on the identified risk level.
Amend the standard to permit the deployment.
Permit a 90-day window to see if an issue occurs and then amend the standard if there are no issues.
Question 55
The establishment of a formal risk management framework and system authorization program is essential. The LAST step of the system authorization process is:
Getting authority to operate the system from executive management
Contacting the Internet Service Provider for an IP scope
Changing the default passwords
Conducting a final scan of the live system and mitigating all high and medium level vulnerabilities