Fundamentals of Secure Software - Risk Rating Introduction

The video tutorial covers risk rating methodologies, focusing on the OWASP risk rating process. It explains how to identify and assess risks using factors like likelihood and impact, and how to prioritize and mitigate these risks. The tutorial also discusses different strategies for handling risks, such as acceptance, avoidance, mitigation, and transfer.

What is the primary goal of conducting a risk rating?

• To increase system complexity

• To identify and prioritize risks for mitigation

• To reduce the number of security reviews

• To eliminate all risks

Which formula is used in the OWASP risk rating methodology?

• Likelihood minus impact

• Likelihood multiplied by impact

• Likelihood divided by impact

• Likelihood plus impact

What are the two main factors considered when estimating likelihood?

• Cost and time

• Impact and duration

• Threat agent and vulnerability

• Severity and frequency

Which of the following is NOT a technical impact factor?

• Loss of confidentiality

• Reputation damage

• Loss of integrity

• Loss of availability

What should be prioritized when deciding on what to fix?

• Low-risk, high-effort issues

• High-risk, low-effort issues

• All risks equally

• Only financial risks

Which risk mitigation strategy involves transferring the risk to another party?

• Accepting

• Transferring

• Avoiding

• Mitigating

What is an example of a mitigation technique for network packet tampering?

• Ignoring the issue

• Increasing network traffic

• Implementing encryption protocols like HTTPS

• Using simple passwords