Information Security Management Lecture 2
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Questions and Answers

What is the primary purpose of the risk management cycle?

  • To implement incident management protocols
  • To manage threats and vulnerabilities
  • To identify and assess potential risks (correct)
  • To perform audits and address non-compliances

What is the key difference between a risk and an issue?

  • Risks require a contingency plan, while issues require immediate action
  • Risks can be measured in monetary terms, while issues cannot
  • Risks have uncertain outcomes, while issues have definite consequences
  • Risks are future events, while issues are present problems (correct)

Which of the following is NOT an objective of risk management?

  • Implementing incident management protocols (correct)
  • Identifying and assessing risks
  • Developing contingency plans
  • Selecting appropriate risk owners and mitigation owners

What is the primary goal of information security management?

<p>To eliminate the chances of security breaches (A)</p> Signup and view all the answers

Which of the following is a key step in the risk containment process?

<p>Defining the risk (B)</p> Signup and view all the answers

What is the primary purpose of assigning a risk owner?

<p>To oversee the implementation of the risk containment plan (D)</p> Signup and view all the answers

Which of the following is NOT a characteristic of a risk?

<p>It is a present problem that requires immediate action (C)</p> Signup and view all the answers

Which of the following is NOT a layer of information security management?

<p>Exception/Waiver Management (B)</p> Signup and view all the answers

What is the purpose of developing a risk containment plan?

<p>To mitigate the identified risks and their potential impact (D)</p> Signup and view all the answers

Which of the following is NOT a step in the risk containment process?

<p>Implementing a problem management protocol (A)</p> Signup and view all the answers

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