What are the strategies from controlling risk as described in this chapter?
What is risk management? Why is the identification of risks and vulnerabilities to assets so important in risk management? Show
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Know yourself (standing), know the enemy(threats). Quiz 3
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Ensure still effective, always neglected. Quiz 5
Often the focal point of attacks, considered special rather than combined with others. Quiz 6
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Both are important as depending upon the organization’s list priority and classification. Quiz 9
Revenue is the recognition of income from an activity supported by the system. Profit is the amount of revenue that exceeds operating costs. Some systems may cost more to operate than they contribute to revenue. Quiz 10
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to prevent the exploitation of the vulnerability.
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shift risk to other assets, other processes, or other organizations. by rethinking how services are offered, revising deployment models, outsourcing, insurance, or implementing service contracts with providers. Outsourcing transfer to another organization that has experience, and service provider is responsible for disaster recovery. Quiz 15
Reduce the impact.
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The DR plan focuses more on preparations completed before and actions taken for disasters —often escalated incidents; to reestablish operations at the primary site. The IR plan focuses onIncident Response: intelligence gathering, information analysis, coordinated decision making,and urgent, concrete actions taken while an incident is occurring. Quiz 17
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A decision-making process to evaluate whether benefit is worth the expense. Quiz 19
A single loss expectancy is the value associated with the most likely loss from an attack. Annual loss expectancy is the expected loss from exploitation of a vulnerability for a specific information asset over the course of a year. Quiz 20
Even when vulnerabilities have been controlled as much as possible, remainder that some risk that has not been completely removed, shifted, or planned for. What are the strategies for controlling risk?There are four main risk management strategies, or risk treatment options:. Risk acceptance.. Risk transference.. Risk avoidance.. Risk reduction.. What are the 4 risk management strategies?What are the Essential Techniques of Risk Management. Avoidance.. Retention.. Spreading.. Loss Prevention and Reduction.. Transfer (through Insurance and Contracts). What are the 5 control strategies in information security?These five methods of controlling risk will provide you with the options needed to better control the fallout from unplanned events or scenarios.. Avoidance. ... . Acceptance. ... . Mitigation. ... . Transferal. ... . Exploitation.. What is the role of risk management strategies in controlling risk?Risk management is the process of identifying, assessing and controlling threats to an organization's capital and earnings. These risks stem from a variety of sources including financial uncertainties, legal liabilities, technology issues, strategic management errors, accidents and natural disasters.
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