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NEW QUESTION: 1
When using the following AWS services, which should be implemented in multiple Availability Zones for high availability solutions? Choose 2 answers
A. Amazon DynamoDB
B. Amazon Simple Storage Service (S3)
C. Amazon Elastic Compute Cloud (EC2)
D. Amazon Elastic Load Balancing
E. Amazon Simple Notification Service (SNS)
Answer: C,D
NEW QUESTION: 2
What would BEST define risk management?
A. The process of eliminating the risk
B. The process of assessing the risks
C. The process of transferring risk
D. The process of reducing risk to an acceptable level
Answer: D
Explanation:
This is the basic process of risk management.
Risk is the possibility of damage happening and the ramifications of such damage should it occur.
Information risk management (IRM) is the process of identifying and assessing risk, reducing it to
an acceptable level, and implementing the right mechanisms to maintain that level. There is no
such thing as a 100 percent secure environment. Every environment has vulnerabilities and
threats to a certain degree.
The skill is in identifying these threats, assessing the probability of them actually occurring and the
damage they could cause, and then taking the right steps to reduce the overall level of risk in the
environment to what the organization identifies as acceptable.
Proper risk management requires a strong commitment from senior management, a documented
process that supports the organization's mission, an information risk management (IRM) policy
and a delegated IRM team. Once you've identified your company's acceptable level of risk, you
need to develop an information risk management policy.
The IRM policy should be a subset of the organization's overall risk management policy (risks to a
company include more than just information security issues) and should be mapped to the
organizational security policies, which lay out the acceptable risk and the role of security as a
whole in the organization. The IRM policy is focused on risk management while the security policy
is very high-level and addresses all aspects of security. The IRM policy should address the
following items:
Objectives of IRM team
Level of risk the company will accept and what is considered an acceptable risk (as defined in the
previous article)
Formal processes of risk identification
Connection between the IRM policy and the organization's strategic planning processes
Responsibilities that fall under IRM and the roles that are to fulfill them
Mapping of risk to internal controls
Approach for changing staff behaviors and resource allocation in response to risk analysis
Mapping of risks to performance targets and budgets
Key indicators to monitor the effectiveness of controls
Shon Harris provides a 10,000-foot view of the risk management process below:
A big question that companies have to deal with is, "What is enough security?" This can be
restated as, "What is our acceptable risk level?" These two questions have an inverse relationship.
You can't know what constitutes enough security unless you know your necessary baseline risk
level.
To set an enterprise-wide acceptable risk level for a company, a few things need to be
investigated and understood. A company must understand its federal and state legal
requirements, its regulatory requirements, its business drivers and objectives, and it must carry out
a risk and threat analysis. (I will dig deeper into formalized risk analysis processes in a later article,
but for now we will take a broad approach.) The result of these findings is then used to define the
company's acceptable risk level, which is then outlined in security policies, standards, guidelines
and procedures.
Although there are different methodologies for enterprise risk management, the core components
of any risk analysis is made up of the following:
Identify company assets
Assign a value to each asset
Identify each asset's vulnerabilities and associated threats
Calculate the risk for the identified assets
Once these steps are finished, then the risk analysis team can identify the necessary
countermeasures to mitigate the calculated risks, carry out cost/benefit analysis for these
countermeasures and report to senior management their findings.
When we look at information security, there are several types of risk a corporation needs to be
aware of and address properly. The following items touch on the major categories:
Physical damage Fire, water, vandalism, power loss, and natural disasters
Human interaction Accidental or intentional action or inaction that can disrupt productivity
Equipment malfunction Failure of systems and peripheral devices
Inside and outside attacks Hacking, cracking, and attacking
Misuse of data Sharing trade secrets, fraud, espionage, and theft
Loss of data Intentional or unintentional loss of information through destructive means
Application error Computation errors, input errors, and buffer overflows
The following answers are incorrect:
The process of eliminating the risk is not the best answer as risk cannot be totally eliminated.
The process of assessing the risks is also not the best answer.
The process of transferring risk is also not the best answer and is one of the ways of handling a
risk after a risk analysis has been performed.
References:
Shon Harris , AIO v3 , Chapter 3: Security Management Practices , Page: 66-68
and
http://searchsecurity.techtarget.com/tip/Understanding-risk
NEW QUESTION: 3
Which Web Services Security (WS-Security) specification negotiates how security tokens will be issued, renewed and validated? Click on the correct specification in the image below.
Answer:
Explanation:
Explanation
WS-Trust
The protocol used for issuing security tokens is based on WS-Trust. WS-Trust is a Web service specification that builds on WS-Security. It describes a protocol used for issuance, exchange, and validation of security tokens. WS-Trust provides a solution for interoperability by defining a protocol for issuing and exchanging security tokens, based on token format, namespace, or trust boundaries.
Reference: https://msdn.microsoft.com/en-us/library/ff650503.aspx