CN1 Session 5 recap

What does a RA try to prevent from happening?

• Accidents

• Unauthorized access

• Data breaches

• System failures

What is Risk?

• A situation involving exposure to danger

• A type of financial investment

• A guaranteed outcome

• A method of avoiding uncertainty

What is a Hazard?

• A potential source of harm or adverse health effect on a person or persons

• A type of insurance policy

• A weather phenomenon

• A type of financial risk

Identify the correct order of the 5 steps of a Risk Assessment.

• Identify hazards, Assess risks, Control risks, Record findings, Review controls

• Assess risks, Identify hazards, Control risks, Record findings, Review controls

• Control risks, Identify hazards, Assess risks, Record findings, Review controls

• Record findings, Identify hazards, Assess risks, Control risks, Review controls

What considerations you have to think under for non-employees?

• Legal compliance

• Workplace safety

• Data privacy

• All of the above

Residual risk is the risk that remains after what?

• All risk management efforts have been applied

• Initial risk assessment

• Risk identification

• Risk avoidance

What does Tolerable and Unacceptable mean?

• Tolerable means acceptable within limits, Unacceptable means not allowed.

• Tolerable means not allowed, Unacceptable means acceptable within limits.

• Both mean the same.

• Neither have any specific meaning.