Risk Management and Compliance Quiz

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ForemostUkulele
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5 Questions

What is the most cost-effective approach to risk management likely to occur as a result of?

Effectively addressing significant risks with strong controls

Which NIST document does CNSSI-1253 align with?

SP 800-53

Which document specifies the requirements for the Risk Management Framework (RMF) Step 1?

FIPS-200

Who do Rules of Engagement provide rules for?

System Owner

What should policy development consider in relation to organizational risk?

Consider all organizational risks

Study Notes

Risk Management Approach

  • The most cost-effective approach to risk management occurs by effectively addressing significant risks with strong controls.
  • This approach ensures that resources are allocated to mitigate the most critical risks.

NIST Document Alignment

  • CNSSI-1253 is formatted to align with NIST's SP 800-53.
  • This alignment ensures consistency and compliance with NIST's guidelines.

Risk Management Framework (RMF)

  • The requirements for RMF Step 1 are spelled out in FIPS-199.
  • This document provides guidance on the initial steps of the RMF process.

Rules of Engagement

  • Rules of Engagement provide rules for the Authorizing Official (AO).
  • The AO is responsible for ensuring that the system or application meets the necessary security requirements.

Test your knowledge on risk management and compliance by answering questions related to cost-effective approaches, NIST documents, and security program development. Topics include addressing significant risks, aligning with NIST standards, and understanding regulatory requirements.

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