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Following a security assessment, the Chief Information Security Officer (CISO) is reviewing the results of the assessment and evaluating potential risk treatment strategies. As part of the CISO's evaluation, a judgment of potential impact based on the identified risk is performed. To prioritize response actions, the CISO uses past experience to take into account the exposure factor as well as the external accessibility of the weakness identified.
Which of the following is the CISO performing?
A. Quantitative risk assessment
B. Business impact scoring
C. Threat modeling
D. Qualitative assessment of risk
E. Documentation of lessons learned
Answer: A
Explanation:
Qualitative analysis methods use descriptions and words to measure the likelihood and impact of risk. For example, impact ratings can be severe/ high, moderate/medium, or low; and likelihood ratings can be likely, unlikely, or rare.
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SCENARIO - Please use the following to answer the next question:
Carol was a US-based glassmaker who sold her work at art festivals. She kept things simple by only accepting cash and personal checks.
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A. The Data Protection Authority.
B. The Department of Commerce.
C. The Federal Communications Commission.
D. The Federal Trade Commission.
Answer: D
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