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NEW QUESTION: 1
Which answer below is the BEST description of a Single Loss
Expectancy (SLE)?
A. An algorithm used to determine the monetary impact of each occurrence of a threat
B. An algorithm that expresses the annual frequency with which a threat is expected to occur
C. An algorithm that determines the expected annual loss to an organization from a threat
D. An algorithm that represents the magnitude of a loss to an asset from a threat
Answer: A
Explanation:
The correct answer is "An algorithm used to determine the monetary impact of each occurrence of a threat". The Single Loss Expectancy (or Exposure) figure may be created as a result of a Business Impact Assessment (BIA). The SLE represents only the estimated monetary loss of a single occurrence of a specified threat event. The SLE is determined by multiplying the value of the asset by its exposure factor. This gives the expected loss the threat will cause for one occurrence. Answer a describes the Exposure Factor (EF). The EF is expressed as a percentile of the expected value or functionality of the asset to be lost due to the realized threat event. This figure is used to calculate the SLE, above.
Answer "An algorithm that expresses the annual frequency with which a threat is expected to occur" describes the Annualized Rate of Occurrence (ARO). This is an estimate of how often a given threat event may occur annually. For example, a threat expected to occur weekly would have an ARO of 52. A threat expected to occur once every five years has an ARO of 1/5 or .2. This figure is used to determine the ALE. Answer d describes the Annualized Loss Expectancy (ALE). The ALE is derived by multiplying the SLE by its ARO. This value represents the expected risk factor of an annual threat event. This figure is then integrated into the risk management process.

NEW QUESTION: 2
"Insurers guarantee a minimum rate of interest dunning the time that the account is growing and periodic payment amounts of a specified amount for a stated period (either specific period 10 years indefinite period etc)." This statement is related to:
A. Variable annuities
B. Life time annuities
C. Fixed annuities
D. Term period annuities
Answer: C

NEW QUESTION: 3
An organization has decided to implement a security information and event management (SIEM) system. It is MOST important for the organization to consider:
A. industry best practices.
B. data ownership.
C. log sources.
D. threat assessments.
Answer: A