Level 5 - Risk Management Quiz

Quiz
•
Business
•
Professional Development
•
Medium
Eric Jones
Used 2+ times
FREE Resource
10 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of asset identification and valuation in an organization's cybersecurity strategy?
To increase the cost of replacing tangible assets
To establish the level of protection appropriate for each asset
To prioritize intangible assets over tangible assets
To complicate the planning of protection strategies
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
When identifying threats in risk identification, what is an example of an internal threat?
Hackers attempting to compromise information assets
Viruses originating from external sources
Intentional or unintentional actions by employees
Environmental disasters like hurricanes or floods
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary goal of prioritizing assets based on the seriousness of potential threats and the impact of a loss on normal operations?
To allocate security resources and budgeting equally to all assets
To establish documentation procedures for all assets
To create an inventory of all assets in the organization
To plan protection strategies more effectively
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In risk analysis, what is inherent risk?
The level of risk that a system has without any controls in place
The risk associated with controls needed in an organization
The risk that remains after controls have been put in place
The risk related to a particular asset and a particular threat
5.
MULTIPLE SELECT QUESTION
30 sec • 1 pt
What are some of the responses to risk after it has been identified and assessed?
Increase the likelihood of the threat
Transferring risk by avoiding the threat
Purchasing insurance to protect the asset
Ignoring the risk and doing nothing about it
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary purpose of a Business Continuity Plan (BCP)?
To identify potential threats
To calculate the recovery timeframes
To ensure critical business functions are maintained during disruptions
To prioritize critical systems
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the primary function of a Business Impact Analysis (BIA) in the context of business continuity?
To calculate the recovery time objectives (RTO)
To identify threats that can affect processes/assets
To establish the order of restoration in a disaster
To ensure the safety of personnel during a disaster
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