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NEW QUESTION: 1
The Chief Information Officer (CIO) is reviewing the IT centric BIA and RA documentation. The documentation shows that a single 24 hours downtime in a critical business function will cost the business $2.3 million. Additionally, the business unit which depends on the critical business function has determined that there is a high probability that a threat will materialize based on historical data. The CIO's budget does not allow for full system hardware replacement in case of a catastrophic failure, nor does it allow for the purchase of additional compensating controls. Which of the following should the CIO recommend to the finance director to minimize financial loss?
A. The company should avoid the risk.
B. The company should accept the risk.
C. The company should mitigate the risk.
D. The company should transfer the risk.
Answer: D
Explanation:
To transfer the risk is to deflect it to a third party, by taking out insurance for example.
Incorrect Answers:
A: Mitigation is not an option as the CIO's budget does not allow for the purchase of additional compensating controls.
C: Avoiding the risk is not an option as the business unit depends on the critical business function.
D: Accepting the risk would not reduce financial loss.
References:
Gregg, Michael, and Billy Haines, CASP CompTIA Advanced Security Practitioner Study Guide, John Wiley & Sons, Indianapolis, 2012, p. 218

NEW QUESTION: 2
Which of the following phases of the PDCA model is the controlling and maintaining phase of the Information Security Management System (ISMS)?
A. Act
B. Check
C. Plan
D. Do
Answer: D

NEW QUESTION: 3
The following SAS program is submitted:
%let lib=%upcase(sauser); proc sql;
select nvar form dictionary.tables where libname='&lib"; quit;
Several SAS data sets exist in the SAUSER library.
What is generated as output?
A. A report showing the names of the columns in each table in SASUSER
B. A report showing the number of columns in each table in SASUSER
C. A report showing the numeric columns in each table in SASUSER
D. A report showing the number of numeric columns in each table in SASUSER
Answer: B