Avoidance is the risk control strategy that attempts to prevent the exploitation of the vulnerability. Avoidance is accomplished through: Application of policy. Application of training and education.
What is risk management Why is the identification of risks and vulnerabilities to assets so important in risk management quizlet?
Why is identification of risks, through a listing of assets and their vulnerabilities, so important to the risk management process? Answer: It is important because management needs to know the value of each company asset and what losses will be incurred if an asset is compromised .
Is the process of applying safeguards to reduce the risks to an organization’s data and information systems?
Risk control is the application of controls to reduce the risks to an organization’s data and information systems.
Is the choice to do nothing to protect a system from a vulnerability and to accept the outcome of its exploitation?
Accept – The accept control strategy is the choice to do nothing to protect a vulnerability and to accept the outcome of its exploitation. 5. Terminate – The terminate control strategy directs the organization to avoid those business activities that introduce uncontrollable risks.
Which risk control strategy approach can also be referred to as an avoidance strategy?
training . Avoidance is the risk control strategy that attempts to prevent the exploitation of the vulnerability.
What is the five basic strategies to control risks from vulnerabilities?
Apply safeguards ( avoidance ) Transfer the risk (transference) Reduce the impact (mitigation) Inform themselves of all of the consequences and accept the risk without control or mitigation (acceptance)
How do you mitigate a risk?
- Assume and accept risk. ...
- Avoidance of risk. ...
- Controlling risk. ...
- Transference of risk. ...
- Watch and monitor risk.
What are the 3 major undertakings in risk management?
Risk Management involves three major undertakings ( Risk Identification, Risk Assessment and Risk Control ).
What is risk management Why is the identification of risks and vulnerabilities?
– Risk management is the process of identifying vulnerabilities , to an organisation’s information assets and infrastructure, and taking steps to ensure the confidentiality, integrity and availability in all components in the organisation’s information system.
When should risks be avoided?
Risk is avoided when the organization refuses to accept it . The exposure is not permitted to come into existence. This is accomplished by simply not engaging in the action that gives rise to risk. If you do not want to risk losing your savings in a hazardous venture, then pick one where there is less risk.
What are the possible security risks of information systems?
Information Security threats can be many like Software attacks, theft of intellectual property, identity theft, theft of equipment or information, sabotage, and information extortion .
How do you keep data safe and secure?
- Back up your data. ...
- Use strong passwords. ...
- Take care when working remotely. ...
- Be wary of suspicious emails. ...
- Install anti-virus and malware protection. ...
- Don’t leave paperwork or laptops unattended. ...
- Make sure your Wi-Fi is secure.
What are the potential risks for information?
IT risks include hardware and software failure, human error, spam, viruses and malicious attacks , as well as natural disasters such as fires, cyclones or floods. You can manage IT risks by completing a business risk assessment. Having a business continuity plan can help your business recover from an IT incident.
What are the 4 main types of vulnerability?
The different types of vulnerability
In the table below four different types of vulnerability have been identified, Human-social, Physical, Economic and Environmental and their associated direct and indirect losses.
What is the most common vulnerability?
- Insecure Direct Object References.
- Cross Site Request Forgery.
- Security Misconfiguration.
- Insecure Cryptographic Storage.
- Failure to restrict URL Access.
- Insufficient Transport Layer Protection.
- Unvalidated Redirects and Forwards.
Is the result of a vulnerability being exploited?
Exploitation is the next step in an attacker’s playbook after finding a vulnerability. Exploits are the means through which a vulnerability can be leveraged for malicious activity by hackers; these include pieces of software, sequences of commands, or even open-source exploit kits.
