Why is a service type of network typically isolated on different hardware?
Correct Answer: D
Question 27
Which of the following aspects of risk management involves identifying the potential reputational and financial harm when an incident occurs?
Correct Answer: D
Impact analysis is the aspect of risk management that involves identifying the potential reputational and financial harm when an incident occurs. Impact analysis is the process of estimating the consequences or effects of a risk event on the business objectives, operations, processes, or functions. Impact analysis helps to measure and quantify the severity or magnitude of the risk event, as well as to prioritize and rank the risks based on their impact. Impact analysis also helps to determine the appropriate level of response and mitigation for each risk event, as well as to allocate the necessary resources and budget for risk management123. Likelihood (A) is not the aspect of risk management that involves identifying the potential reputational and financial harm when an incident occurs. Likelihood is the aspect of risk management that involves estimating the probability or frequency of a risk event occurring. Likelihood is the process of assessing and evaluating the factors or causes that may trigger or influence a risk event, such as threats, vulnerabilities, assumptions, uncertainties, etc. Likelihood helps to measure and quantify the chance or possibility of a risk event happening, as well as to prioritize and rank the risks based on their likelihood123. Mitigation (B) is not the aspect of risk management that involves identifying the potential reputational and financial harm when an incident occurs. Mitigation is the aspect of risk management that involves reducing or minimizing the likelihood or impact of a risk event. Mitigation is the process of implementing and applying controls or actions that can prevent, avoid, transfer, or accept a risk event, depending on the risk appetite and tolerance of the organization. Mitigation helps to improve and enhance the security and resilience of the organization against potential risks, as well as to optimize the cost and benefit of risk management123. Residual risk is not the aspect of risk management that involves identifying the potential reputational and financial harm when an incident occurs. Residual risk is the aspect of risk management that involves measuring and monitoring the remaining or leftover risk after mitigation. Residual risk is the process of evaluating and reviewing the effectiveness and efficiency of the mitigation controls or actions, as well as identifying and addressing any gaps or issues that may arise. Residual risk helps to ensure that the actual level of risk is aligned with the desired level of risk, as well as to update and improve the risk management strategy and plan123. References := * Risk Analysis: A Comprehensive Guide | SafetyCulture * Risk Assessment and Analysis Methods: Qualitative and Quantitative - ISACA * Risk Management Process - Risk Management | Risk Assessment | Risk ...
Question 28
Which of the following is a cloud-specific security standard?
Correct Answer: D
Question 29
Which of the following is an example of a corrective control?
Correct Answer: C
Explanation A corrective control is a measure taken to correct or reduce the impact of an error, deviation, or unwanted activity1. Corrective control can be either manual or automated, depending on the type of control used. Corrective control can involve procedures, manuals, systems, patches, quarantines, terminations, reboots, or default dates1. A Business Continuity Plan (BCP) is an example of a corrective control. Unsuccessful access attempts being automatically logged for investigation is an example of a corrective control because it is a response to a potential security incident that aims to identify and resolve the cause and prevent future occurrences2. Logging and investigating failed login attempts can help detect unauthorized or malicious attempts to access sensitive data or systems and take appropriate actions to mitigate the risk. The other options are examples of preventive controls, which are designed to prevent problems from occurring in the first place3. Preventive controls can include: A central antivirus system installing the latest signature files before allowing a connection to the network: This is a preventive control because it prevents malware infection by blocking potentially harmful connections and updating the antivirus software regularly4. All new employees having standard access rights until their manager approves privileged rights: This is a preventive control because it prevents unauthorized access by enforcing the principle of least privilege and requiring approval for granting higher-level permissions5. Privileged access to critical information systems requiring a second factor of authentication using a soft token: This is a preventive control because it prevents credential theft or compromise by adding an extra layer of security to verify the identity of the user. References: What is a corrective control? - Answers1, section on Corrective control Detective controls - SaaS Lens - docs.aws.amazon.com2, section on Unsuccessful login attempts Internal control: how do preventive and detective controls work?3, section on Preventive Controls What Are Security Controls? - F54, section on Preventive Controls The 3 Types of Internal Controls (With Examples) | Layer Blog5, section on Preventive Controls What are the 3 Types of Internal Controls? - RiskOptics - Reciprocity, section on Preventive Controls
Question 30
The MAIN limitation of relying on traditional cloud compliance assurance approaches such as SOC2 attestations is that:
Correct Answer: C
Explanation Traditional cloud compliance assurance approaches such as SOC2 attestations have the main limitation of providing a point-in-time snapshot of an organization's compliance posture. This means that they only reflect the state of the organization's security and compliance controls at a specific date or period, which may not be representative of the current or future state. Cloud environments are dynamic and constantly changing, and so are the threats and risks that affect them. Therefore, relying on traditional cloud compliance assurance approaches may not provide sufficient or timely assurance that the organization's cloud services and data are adequately protected and compliant with the relevant requirements and standards.12 To overcome this limitation, some organizations adopt continuous cloud compliance assurance approaches, such as continuous monitoring, auditing, and reporting. These approaches enable the organization to collect, analyze, and report on the security and compliance status of its cloud environment in near real-time, using automated tools and processes. Continuous cloud compliance assurance approaches can help the organization to identify and respond to any changes, issues, or incidents that may affect its cloud security and compliance posture, and to maintain a high level of trust and transparency with its stakeholders, customers, and regulators.34 References := What is SOC 2? Complete Guide to SOC 2 Reports | CSA1; Guidance on cloud security assessment and authorization - ITSP.50.105 - Canadian Centre for Cyber Security2; Continuous Compliance: The Future of Cloud Security | CloudCheckr3; Continuous Compliance: How to Automate Cloud Security Compliance4
