Podcast
Questions and Answers
What is the main difference between Qualitative RISK and Quantitative RISK?
What is the main difference between Qualitative RISK and Quantitative RISK?
- Quantitative RISK deals with high budgets while Qualitative RISK deals with low budgets.
- Quantitative RISK is easy to handle while Qualitative RISK is more complex.
- Quantitative RISK relies on experience while Qualitative RISK involves financial implications.
- Quantitative RISK involves cost estimates while Qualitative RISK involves subjective judgments. (correct)
What type of risk is highlighted in the statement 'BYOD – Because risk is HIGH and savings is high'?
What type of risk is highlighted in the statement 'BYOD – Because risk is HIGH and savings is high'?
- Management risk
- Qualitative risk (correct)
- Quantitative risk
- Operational risk
Why does handling the risk of HDD Failure and motherboard burn fall under Qualitative RISK?
Why does handling the risk of HDD Failure and motherboard burn fall under Qualitative RISK?
- It directly impacts cost savings.
- It requires a high budget allocation.
- It involves subjective judgments about the severity of these risks. (correct)
- It can be quantified easily.
In the given context, why might handling Qualitative RISK be challenging?
In the given context, why might handling Qualitative RISK be challenging?
What would be a typical approach to handling a Qualitative RISK like 'motherboard burn'?
What would be a typical approach to handling a Qualitative RISK like 'motherboard burn'?
What is the primary focus of Risk Mitigation according to the text?
What is the primary focus of Risk Mitigation according to the text?
Which action is NOT suggested in the text as part of Risk Transference?
Which action is NOT suggested in the text as part of Risk Transference?
What is the possible outcome of shutting down SMB V1 as mentioned in the text?
What is the possible outcome of shutting down SMB V1 as mentioned in the text?
In which case might it be more cost-effective to accept a security risk according to the text?
In which case might it be more cost-effective to accept a security risk according to the text?
Why is it essential for organizations to consider both Security Risk and Operational Consequences together?
Why is it essential for organizations to consider both Security Risk and Operational Consequences together?
What is a recommended policy that a Cyber Security Expert may suggest to enhance security in the network environment?
What is a recommended policy that a Cyber Security Expert may suggest to enhance security in the network environment?
How can an organization transfer the risk to another entity according to the text?
How can an organization transfer the risk to another entity according to the text?
What action can mitigate the risk of Wannacry infection through flash memory within an intranet?
What action can mitigate the risk of Wannacry infection through flash memory within an intranet?
In the context of minimizing risk to an acceptable level, what is NOT mentioned as a recommended action against risks like going to the grocery store?
In the context of minimizing risk to an acceptable level, what is NOT mentioned as a recommended action against risks like going to the grocery store?
What is a potential downside of implementing a policy where any command must be verified by a second person before execution?
What is a potential downside of implementing a policy where any command must be verified by a second person before execution?
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