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Question ID 22455

Which of the following is a mechanism for mitigating risks?

Option A

Security and control practices

Option B

Property and liability insurance

Option C

Audit and certification

Option D

Contracts and service level agreements (SLAs)

Correct Answer A
Description Risks are mitigated by implementing appropriate security and control practices. Insurance is a mechanism for transferring risk. Audit and certification are mechanisms of risk assurance, while contracts and SLAs are mechanisms of risk allocation.
Update Date and Time 2018-03-30 05:13:34

 

Question ID 22456

When developing a risk management program, what is the FIRST activity to be performed?

Option A

Threat assessment

Option B

Classification of data

Option C

Inventory of assets

Option D

Criticality analysis

Correct Answer C

Description Identification of the assets to be protected is the first step in the development of a risk management program. A listing of the threats that can affect the performance of these assets and criticality analysis are later steps in the process. Data classification is required for defining access controls and in criticality analysis.
Update Date and Time 2018-03-30 05:14:21

 

 

 

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