In the context of risk management strategies, which of the following best describes the process of transferring risk? Accepting the risk and preparing for its potential impact, Sharing the risk with another party, such as through insurance, Eliminating the risk entirely by changing business processes, Ignoring the risk and hoping it does not occur

Day 6: Incident Response and Indicators of Malicious Activity

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Instructional Technology
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Vocational training
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Hard
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1.
FLASHCARD QUESTION
Front
Back
Sharing the risk with another party, such as through insurance
Answer explanation
Transferring risk involves sharing it with another party, such as through insurance. This strategy helps mitigate potential financial losses by distributing the risk rather than bearing it entirely.
2.
FLASHCARD QUESTION
Front
When developing an incident response plan, which step is crucial for ensuring the plan's effectiveness? Options: Documenting the plan and storing it in a secure location, Regularly testing and updating the plan based on lessons learned, Assigning a single person to manage all incidents, Keeping the plan confidential from all employees
Back
Regularly testing and updating the plan based on lessons learned
Answer explanation
Regularly testing and updating the plan ensures it remains effective and relevant. This process incorporates lessons learned from past incidents, allowing for continuous improvement and better preparedness for future events.
3.
FLASHCARD QUESTION
Front
Which access control model is most suitable for an organization that needs to enforce strict access policies based on job roles? Options: Discretionary Access Control (DAC), Role-Based Access Control (RBAC), Mandatory Access Control (MAC), Attribute-Based Access Control (ABAC)
Back
Role-Based Access Control (RBAC)
Answer explanation
Role-Based Access Control (RBAC) is ideal for enforcing strict access policies based on job roles, as it assigns permissions according to the roles users hold within the organization, ensuring appropriate access levels.
4.
FLASHCARD QUESTION
Front
In the development of security policies, what is the primary reason for involving stakeholders from various departments?
Back
To gather diverse perspectives and ensure policy applicability
Answer explanation
Involving stakeholders from various departments helps gather diverse perspectives, ensuring the security policy is relevant and applicable across the organization, rather than being overly technical or lengthy.
5.
FLASHCARD QUESTION
Front
Which network security protocol is designed to provide secure communication over a computer network and is widely used for secure web browsing?
Back
SSL/TLS
Answer explanation
SSL/TLS is the protocol specifically designed to secure communications over a network, making it essential for secure web browsing. Unlike FTP, HTTP, and SMTP, SSL/TLS encrypts data to protect it during transmission.
6.
FLASHCARD QUESTION
Front
When considering data protection techniques, which method involves transforming data into a secure format that is unreadable without a decryption key?
Back
Encryption
Answer explanation
Encryption is the method that transforms data into a secure format, making it unreadable without a decryption key. This ensures that only authorized users can access the original data, distinguishing it from other techniques like data masking or tokenization.
7.
FLASHCARD QUESTION
Front
How can an organization effectively prioritize risks identified during a risk assessment process?
Back
By evaluating the potential impact and likelihood of each risk
Answer explanation
The correct approach to prioritize risks is by evaluating their potential impact and likelihood. This ensures that the organization focuses on the most significant risks, rather than just those that are easier to address or have occurred previously.
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