How To Protect Your Company Without Breaking the Bank

How To Protect Your Company Without Breaking the Bank

Assessment

Interactive Video

Business, Information Technology (IT), Architecture, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video discusses the challenges companies face in cybersecurity, emphasizing the importance of due diligence, risk management, and balancing prevention with response. It highlights the need for comprehensive risk assessments and the difficulties in obtaining necessary data. The discussion also covers the costs of risk analysis, common risks like ransomware, and the role of cyber insurance. Strategies for cost reduction and legal challenges are explored, along with the importance of engaging leadership and measuring ROI. The video concludes with audience questions on cybersecurity practices and insurance.

Read more

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a major challenge for small business owners when selecting a cybersecurity vendor?

Negotiating contracts

Differentiating between vendors

Understanding technical jargon

Finding local vendors

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why is it important to conduct due diligence on cybersecurity vendors?

To understand their geopolitical ties

To ensure they offer the lowest price

To verify their customer service quality

To check their marketing strategies

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a common method used in risk management for cybersecurity?

FAIR methodology

ISO certification

Agile framework

Six Sigma

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a significant barrier to conducting effective risk analysis?

Complexity of regulations

Difficulty in obtaining data

High cost of software

Lack of qualified personnel

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a current hot topic in cybersecurity threats?

Social engineering

Ransomware

Malware

Phishing

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How can companies potentially lower the cost of risk assessments?

By using automated databases

By reducing the scope of assessments

By outsourcing to foreign vendors

By hiring more staff

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How often should companies conduct risk assessments?

Every month

Every two years

Every quarter

At least once a year

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?