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NEW QUESTION: 1
Which of the following risk handling technique involves the practice of passing on the risk to another entity, such as an insurance company?
A. Risk Mitigation
B. Risk Acceptance
C. Risk transfer
D. Risk Avoidance
Answer: C
Explanation:
Risk transfer is the practice of passing on the risk in question to another entity, such as an insurance company. Let us look at one of the examples that were presented above in a different way.
For your exam you should know below information about risk assessment and treatment: A risk assessment, which is a tool for risk management, is a method of identifying vulnerabilities and threats and assessing the possible impacts to determine where to implement security controls. A risk assessment is carried out, and the results are analyzed. Risk analysis is used to ensure that security is cost-effective, relevant, timely, and responsive to threats. Security can be quite complex, even for well-versed security professionals, and it is easy to apply too much security, not enough security, or the wrong security controls, and to spend too much money in the process without attaining the necessary objectives. Risk analysis helps companies prioritize their risks and shows management the amount of resources that should be applied to protecting against those risks in a sensible manner.
A risk analysis has four main goals:
Identify assets and their value to the organization.
Identify vulnerabilities and threats.
Quantify the probability and business impact of these potential threats.
Provide an economic balance between the impact of the threat and the cost of the countermeasure.
Treating Risk
Risk Mitigation Risk mitigation is the practice of the elimination of, or the significant decrease in the level of risk presented. Examples of risk mitigation can be seen in everyday life and are readily apparent in the information technology world. Risk Mitigation involves applying appropriate control to reduce risk. For example, to lessen the risk of exposing personal and financial information that is highly sensitive and confidential organizations put countermeasures in place, such as firewalls, intrusion detection/prevention systems, and other mechanisms, to deter malicious outsiders from accessing this highly sensitive information. In the underage driver example, risk mitigation could take the form of driver education for the youth or establishing a policy not allowing the young driver to use a cell phone while driving, or not letting youth of a certain age have more than one friend in the car as a passenger at any given time.
Risk Transfer Risk transfer is the practice of passing on the risk in question to another entity, such as an insurance company. Let us look at one of the examples that were presented above in a different way. The family is evaluating whether to permit an underage driver to use the family car. The family decides that it is important for the youth to be mobile, so it transfers the financial risk of a youth being in an accident to the insurance company, which provides the family with auto insurance. It is important to note that the transfer of risk may be accompanied by a cost. This is certainly true for the insurance example presented earlier, and can be seen in other insurance instances, such as liability insurance for a vendor or the insurance taken out by companies to protect against hardware and software theft or destruction. This may also be true if an organization must purchase and implement security controls in order to make their organization less desirable to attack. It is important to remember that not all risk can be transferred. While financial risk is simple to transfer through insurance, reputational risk may almost never be fully transferred.
Risk Avoidance Risk avoidance is the practice of coming up with alternatives so that the risk in question is not realized. For example, have you ever heard a friend, or parents of a friend, complain about the costs of insuring an underage driver? How about the risks that many of these children face as they become mobile? Some of these families will decide that the child in question will not be allowed to drive the family car, but will rather wait until he or she is of legal age (i.e., 18 years of age) before committing to owning, insuring, and driving a motor vehicle.
In this case, the family has chosen to avoid the risks (and any associated benefits) associated with an underage driver, such as poor driving performance or the cost of insurance for the child. Although this choice may be available for some situations, it is not available for all. Imagine a global retailer who, knowing the risks associated with doing business on the Internet, decides to avoid the practice. This decision will likely cost the company a significant amount of its revenue (if, indeed, the company has products or services that consumers wish to purchase). In addition, the decision may require the company to build or lease a site in each of the locations, globally, for
which it wishes to continue business. This could have a catastrophic effect on the company's
ability to continue business operations
Risk Acceptance
In some cases, it may be prudent for an organization to simply accept the risk that is presented in
certain scenarios. Risk acceptance is the practice of accepting certain risk(s), typically based on a
business decision that may also weigh the cost versus the benefit of dealing with the risk in
another way.
For example, an executive may be confronted with risks identified during the course of a risk
assessment for their organization. These risks have been prioritized by high, medium, and low
impact to the organization. The executive notes that in order to mitigate or transfer the low-level
risks, significant costs could be involved. Mitigation might involve the hiring of additional highly
skilled personnel and the purchase of new hardware, software, and office equipment, while
transference of the risk to an insurance company would require premium payments.
The executive then further notes that minimal impact to the organization would occur if any of the
reported low-level threats were realized. Therefore, he or she (rightly) concludes that it is wiser for
the organization to forgo the costs and accept the risk. In the young driver example, risk
acceptance could be based on the observation that the youngster has demonstrated the
responsibility and maturity to warrant the parent's trust in his or her judgment.
The following answers are incorrect:
Risk Transfer - Risk transfer is the practice of passing on the risk in question to another entity,
such as an insurance company. Let us look at one of the examples that were presented above in a
different way.
Risk avoidance - Risk avoidance is the practice of coming up with alternatives so that the risk in
question is not realized.
Risk Mitigation - Risk mitigation is the practice of the elimination of, or the significant decrease in
the level of risk presented.
The following reference(s) were/was used to create this question:
CISA Review Manual 2014 Page number 51
and
Official ISC2 guide to CISSP CBK 3rd edition page number 534-536

NEW QUESTION: 2
The DeleteExternalOrder() method in the ExternalQueueService service is not throwing a FaultException exception as defined by the FaultContractAttribute attribute in the IExternalQueueService.cs file.
You need to throw the FaultException exception.
Which code segments can you insert at line EQ45 to achieve this goal? (Each correct answer presents a complete solution. Chose all that apply)

A. Option C
B. Option D
C. Option A
D. Option B
Answer: A,D

NEW QUESTION: 3
You are designing an AI solution that will analyze media data. The data will be stored in Azure Blob storage.
You need to ensure that the storage account is encrypted by using a key generated by the hardware security module (HSM) of your company.
Which three actions should you perform in sequence? To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.

Answer:
Explanation:

Explanation

References:
https://docs.microsoft.com/en-us/azure/storage/common/storage-encryption-keys-portal
https://docs.microsoft.com/en-us/azure/key-vault/key-vault-hsm-protected-keys

NEW QUESTION: 4
Which of the following technologies prevents an unauthorized HBA from viewing iSCSI target information?
A. LUN masking
B. Storage multipaths
C. Data snapshots
D. Deduplication
Answer: A
Explanation:
A logical unit number (LUN) is a unique identifier that designates individual hard disk devices or grouped devices for address by a protocol associated with a SCSI, iSCSI, Fibre Channel (FC) or similar interface. LUNs are central to the management of block storage arrays shared over a storage area network (SAN).
LUN masking subdivides access to a given port. Then, even if several LUNs are accessed through the same port, the server masks can be set to limit each server's access to the appropriate LUNs. LUN masking is typically conducted at the host bus adapter (HBA) or switch level.
Incorrect Answers:
A: Deduplication is the process of eliminating multiple copies of the same data to save storage space. It does not prevent an unauthorized HBA from viewing iSCSI target information.
B: Data snapshots are point in time copies of data often used by data backup applications. They do not prevent an unauthorized HBA from viewing iSCSI target information.
D: Storage multipaths are when you have multiple connections to a storage device. This provides path redundancy in the event of a path failure and can also (in active/active configurations) provide extra capacity by aggregating the bandwidth of the multiple storage paths. However, they do not prevent an unauthorized HBA from viewing iSCSI target information.
References:
http://searchvirtualstorage.techtarget.com/definition/LUN-masking