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NEW QUESTION: 1
There is no way to completely abolish or avoid risks, you can only manage them. A risk free environment does not exist. If you have risks that have been identified, understood and evaluated to be acceptable in order to conduct business operations. What is this this approach to risk management called?
A. Risk Transference
B. Risk Mitigation
C. Risk Avoidance
D. Risk Acceptance
Answer: D
Explanation:
Risk management provides a mechanism to the organization to ensure that executive management knows current risks, and informed decisions can be made to use one of the risk management principles: risk avoidance, risk transfer, risk mitigation, or risk acceptance,
Risk Acceptance is when the risk has been identified, understood and evaluated to be acceptable in order to conduct business operations. Acceptance goes hand-in-hand with mitigation but they're slightly different.
At the end of the day, there is always a particle of risk we must undertake to perform business in a complex computing world. Whether it is operating a website, hosting a VPN connection or connections for employees to the open internet, there is risk.
Managers can either accept, avoid or transfer risk to another party. Either way, risk must be dealt with to conduct business operations.
The following answers are incorrect:
Risk Avoidance: Avoiding risk is when we avoid it altogether to deal with the risk. Whether it is by not hosting a website, not operating your own web proxy or any other computing task. Choosing not to perform the process is risk avoidance. This isn't correct because accepting risk is clearly not avoiding the risk.
Risk Transference: When we transfer risk, we pay someone else to undertake the risk on our behalf so that we may conduct operations, benefit from the risk but don't undertake the risky operation ourselves. Accepting the risk is different from transferring the risk to another organization apart from your own in that you're not accepting it at all. Someone else does for you.
Risk Mitigation: Mitigating risk means you accept it AND work around the risk to benefit from it. A good example could be a locked down web server or firewall. You benefit from the service they provide but mitigate risks involved by technical measures. Mitigation is incorrect because it goes beyond merely accepting the risk by mitigating the risk to make it more acceptable.
The following reference(s) was used to create this question:
Gregg, Michael; Haines, Billy (2012-02-16). CASP: CompTIA Advanced Security
Practitioner Study Guide Authorized Courseware: Exam CAS-001 (p. 218). Wiley. Kindle
Edition.
and
Hernandez CISSP, Steven (2012-12-21). Official (ISC)2 Guide to the CISSP CBK, Third
Edition ((ISC)2 Press) (Kindle Locations 8884-8886). Auerbach Publications. Kindle
Edition.
NEW QUESTION: 2
Examples of alternative healthcare practitioners are chiropractors, naturopaths, and acupuncturists. The only well-established credentialing standards for alternative healthcare practitioners are those available from NCQA. These NCQA credentialing standards apply to
A. chiropractors
B. acupuncturists
C. naturopaths
D. all of the above
Answer: A
NEW QUESTION: 3
A. Option C
B. Option D
C. Option B
D. Option A
Answer: B,C
NEW QUESTION: 4
Alibaba Cloud's CloudMonitor can not only monitor ECS instances in a secure and efficient way, but also monitor HTTP sites of clients' servers in data centers However, in the latter case, Alibaba Cloud does not provide monitor agent so users need to develop their own scripts to collect data
A. False
B. True
Answer: A
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Feedbacks
Aalk - 2014-05-05 16:45:18
Plato - 2014-05-05 16:45:51
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Eleanore - 2014-09-28 16:36:48