Automated Security System Implementation Cost
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Questions and Answers

What is identified as the most vulnerable area for hackers to attack?

  • Applications and software programs (correct)
  • Network security
  • Powerful firewalls
  • Data centers
  • Who plays a critical role in identifying and mitigating cybersecurity risks within an organization?

  • Human resources department
  • Board of directors (correct)
  • Marketing department
  • Finance department
  • What is one of the main reasons for the continuous rise in cybersecurity costs mentioned in the text?

  • Number of cybersecurity attacks (correct)
  • Decrease in cybercrime damages
  • Increased network security measures
  • Decrease in cyber threats
  • What is stated as a characteristic of hackers in the text?

    <p>They create new and out-of-the-box ideas to attack systems and data</p> Signup and view all the answers

    What is highlighted as one of the emerging challenges in cybersecurity according to the text?

    <p>New forms and features of cyber threats</p> Signup and view all the answers

    What does effective cybersecurity governance depend on?

    <p>Commitment, resources, and responsibility for cybersecurity management</p> Signup and view all the answers

    According to Cybersecurity Ventures predictions, what is the estimated cost of global damages from cybercrimes annually by 2025?

    <p>$10.5 trillion</p> Signup and view all the answers

    What should the board of directors be aware of to ensure effective governance?

    <p>Organization’s information assets and their criticality to ongoing business operations</p> Signup and view all the answers

    What helps the board determine if its cybersecurity intent has been met?

    <p>Comprehensive risk assessments and business impact analyses</p> Signup and view all the answers

    What is a key responsibility of senior management regarding cybersecurity governance?

    <p>Approving policy and providing appropriate monitoring and metrics</p> Signup and view all the answers

    What must be included in the high-level results provided to the board periodically?

    <p>Comprehensive risk assessments and business impact analyses</p> Signup and view all the answers

    Why should board members identify key assets they want protected?

    <p>To verify that protection levels and priorities are appropriate to a standard of due care</p> Signup and view all the answers

    Why is the cost of deploying automated security systems a barrier for many small and medium-sized companies?

    <p>It is about US$2.88 million on average, making it unaffordable for many companies.</p> Signup and view all the answers

    What is one of the main reasons why cybersecurity is important according to the text?

    <p>Cyber attacks can lead to financial and reputational damage for businesses.</p> Signup and view all the answers

    How are cyber attacks described in the text?

    <p>Becoming progressively destructive with cybercriminals using sophisticated methods.</p> Signup and view all the answers

    What is a focus of cybersecurity according to the text?

    <p>Developing appropriate response plans to minimize damage in the event of a cyber attack.</p> Signup and view all the answers

    How does the text suggest that small and medium-sized companies can cope with increasing security threats?

    <p>By strictly following standard practices devised by regulatory authorities and industry standard organizations.</p> Signup and view all the answers

    Why is GDPR mentioned in the context of cybersecurity importance?

    <p>It forces organizations to take better care of personal data they hold.</p> Signup and view all the answers

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