CIS 2530 Midterm Study Guide ch 8

Kim is the risk manager for a large organization. She is evaluating whether the organization should purchase a fire suppression system. She consulted a variety of subject matter experts and determined that there is a 1 percent chance that a fire will occur in a given year. If a fire occurred, it would likely cause $2 million in damage to the facility, which has a $10 million value. Given this scenario, what is the single loss expectancy (SLE)?

$2,000,000

Kim is the risk manager for a large organization. She is evaluating whether the organization should purchase a fire suppression system. She consulted a variety of subject matter experts and determined that there is a 1 percent chance that a fire will occur in a given year. If a fire occurred, it would likely cause $2 million in damage to the facility, which has a $10 million value. Given this scenario, what is the annualized loss expectancy (ALE)?

$200,000

Nancy performs a full backup of her server every Sunday at 1 A.M. and differential backups on Mondays through Fridays at 1 A.M. Her server fails at 9 A.M. Wednesday. How many backups does Nancy need to restore?

2

Kim is the risk manager for a large organization. She is evaluating whether the organization should purchase a fire suppression system. She consulted a variety of subject matter experts and determined that there is a 1 percent chance that a fire will occur in a given year. If a fire occurred, it would likely cause $2 million in damage to the facility, which has a $10 million value. Given this scenario, what is the exposure factor?

20 percent

What is a key principle of risk management programs?

Don't spend more to protect an asset than it is worth.

A business impact analysis (BIA) details the steps to recover from a disruption and restore the infrastructure necessary for normal business operations.

False

A structured walk-through test is a review of a business continuity plan to ensure that contact numbers are current and that the plan reflects the company's priorities and structure.

False

Deterrent controls identify that a threat has landed in your system.

False

Jake has been asked to help test the business continuity plan at an offsite location while the system at the main location is shut down. He is participating in a parallel test.

False

Risk refers to the amount of harm a threat exploiting a vulnerability can cause.

False

The first step in the risk management process is to monitor and control deployed countermeasures.

False

With adequate security controls and defenses, an organization can oftenreduce its risk to zero.

False

What term describes the longest period of time that a business can survive without a particular critical system?

Maximum tolerable downtime (MTD)

Violet deploys an intrusion prevention system (IPS) on her network as a security control. What type of control has Violet deployed?

Preventive

Beth is conducting a risk assessment. She is trying to determine the impact a security incident will have on the reputation of her company. What type of risk assessment is best suited to this type of analysis?

Qualitative

Alan is the security manager for a mid-sized business. The company has suffered several serious data losses when mobile devices were stolen. Alan decides to implement full disk encryption on all mobile devices. What risk response did Alan take?

Reduce

Joe is responsible for the security of the industrial control systems for a power plant. What type of environment does Joe administer?

Supervisory Control and Data Acquisition (SCADA)

A control limits or constrains behavior.

True

A personnel safety plan should include an escape plan.

True

A successful business impact analysis (BIA) maps the context, the critical business functions, and the processes on which they rely.

True

Administrative controls develop and ensure compliance with policy and procedures.

True

Any component that, if it fails, could interrupt business processing is called a single point of failure (SPoF).

True

Implementing and monitoring risk responses are part of the risk management process.

True

In remote journaling, a system writes a log of online transactions to an offsite location.

True

The recovery point objective (RPO) can come from the business impact analysis or sometimes from a government mandate, such as banking laws.

True

While running business operations at an alternate site, you must continue to make backups of data and systems.

True

Which control is NOT an example of a fault tolerance technique designed to avoid interruptions that would cause downtime?

Warm Site

Forensics and incident response are examples of __________ controls.

corrective

Adam's company recently suffered an attack where hackers exploited an SQL injection issue on their web server and stole sensitive information from a database. What term describes this activity?

incident

Purchasing an insurance policy is an example of the ____________ risk management strategy.

transfer