18 Questions
What is identified as the most vulnerable area for hackers to attack?
Applications and software programs
Who plays a critical role in identifying and mitigating cybersecurity risks within an organization?
Board of directors
What is one of the main reasons for the continuous rise in cybersecurity costs mentioned in the text?
Number of cybersecurity attacks
What is stated as a characteristic of hackers in the text?
They create new and out-of-the-box ideas to attack systems and data
What is highlighted as one of the emerging challenges in cybersecurity according to the text?
New forms and features of cyber threats
What does effective cybersecurity governance depend on?
Commitment, resources, and responsibility for cybersecurity management
According to Cybersecurity Ventures predictions, what is the estimated cost of global damages from cybercrimes annually by 2025?
$10.5 trillion
What should the board of directors be aware of to ensure effective governance?
Organization’s information assets and their criticality to ongoing business operations
What helps the board determine if its cybersecurity intent has been met?
Comprehensive risk assessments and business impact analyses
What is a key responsibility of senior management regarding cybersecurity governance?
Approving policy and providing appropriate monitoring and metrics
What must be included in the high-level results provided to the board periodically?
Comprehensive risk assessments and business impact analyses
Why should board members identify key assets they want protected?
To verify that protection levels and priorities are appropriate to a standard of due care
Why is the cost of deploying automated security systems a barrier for many small and medium-sized companies?
It is about US$2.88 million on average, making it unaffordable for many companies.
What is one of the main reasons why cybersecurity is important according to the text?
Cyber attacks can lead to financial and reputational damage for businesses.
How are cyber attacks described in the text?
Becoming progressively destructive with cybercriminals using sophisticated methods.
What is a focus of cybersecurity according to the text?
Developing appropriate response plans to minimize damage in the event of a cyber attack.
How does the text suggest that small and medium-sized companies can cope with increasing security threats?
By strictly following standard practices devised by regulatory authorities and industry standard organizations.
Why is GDPR mentioned in the context of cybersecurity importance?
It forces organizations to take better care of personal data they hold.
This quiz discusses the average cost of deploying automated security systems, which is around US$2.88 million, making it unaffordable for many small and medium-sized companies. It emphasizes the importance of following standard security practices to combat increasing security threats.
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