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CNET251 - Ch 7 Treating Risk

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

An example of using the transference risk treatment strategy would be to outsource the security of an asset to another organization.

a)

True

b)

False

2.

Asset valuation is the process of assigning financial value or worth to each information asset.

a)

True

b)

False

3.

When is the acceptance risk treatment strategy NOT an acceptable approach?

a)

The cost of protecting an asset is more than the asset is worth

b)

The asset consists of employee and / or customer information

c)

The asset is considered expendable

d)

The asset has relatively little risk

4.

Which risk treatment strategy approach can also be referred to as an avoidance strategy?

a)

Termination

b)

Acceptance

c)

Defense

d)

Transferal

5.

Operational feasibility, which refers to user acceptance and support, as well as management acceptance and support, is also known as which of the following?

a)

organizational feasibility

b)

behavioral feasibility

c)

technical feasibility

d)

political feasibility

6.

Which risk treatment strategy focuses on planning and preparation to reduce the damage caused by a realized incident or disaster?

a)

Mitigation

b)

Termination

c)

Transference

d)

Acceptance

7.

Which risk management technique relies on a group evaluating, rating, and ranking assets?

a)

Delphi technique

b)

OCTAVE methods

c)

Microsoft's technique

d)

FAIR

8.

Which of the following is NOT one of the three types of plans included in a mitigation risk treatment strategy?

a)

Incident response (IR) plan

b)

Disaster recovery (DR) plan

c)

Business continuity (BC) plan

d)

Risk control plan (RC)

9.

What is the easiest way to calculate the cost-benefit analysis (CBA)?

a)

CBA = ALE(postcontrol) - ALE(precontrol) + ACS

b)

CBA = ALE(postcontrol) - ALE(precontrol) - ACS

c)

CBA = ACS(precontrol) - ALE(postcontrol) + ALE(precontrol)

d)

CBA = ALE(precontrol) - ALE(postcontrol) - ACS

10.

Which of the following can be calculated using the values from an ARO multiplied by the values from an SLE?

a)

cost benefit analysis

b)

asset valuation

c)

annualized loss expectancy

d)

operational feasibility