SPIPC Exam 1 Questions with Correct Answers
What is the purpose of the asset assessment
step of the risk management process?
• Identify assets requiring protection and/or that are important to the organization and to
national security
• Identify undesirable events and expected impacts
• Prioritize assets based on consequences of loss
What is the purpose of the threat assessment
step of the risk management process?
• Determine threats to identified assets
• Assess intent and capability of identified threats
• Assess current threat level for the identified assets
What is the purpose of the vulnerability
assessment step of the risk management
process?
• Identify existing countermeasures and their level of effectiveness in reducing vulnerabilities
• Identify potential vulnerabilities related to identified assets and their undesirable events
• Identify current vulnerability level for the identified assets that can be exploited by the
identified threats
What is the purpose of the risk assessment step of the risk management process?
• Integrate information about the impact of undesirable events (collected during the asset
assessment step) and the likelihood of undesirable events (based on information collected
during the threat and vulnerability assessment steps) to determine risks to identified assets
, What is the purpose of the countermeasure determination step of the risk management
process?
• Identify potential countermeasures to reduce vulnerability and/or threat and/or impact
• Identify countermeasure benefits in terms of risk reduction
• Identify countermeasure costs
• Conduct cost/benefit analysis
• Prioritize options and prepare recommendation for decision maker
What is the primary benefit of conducting the risk management process?
• National-level security policy endorses a holistic risk management approach, allowing
decision makers to effectively allocate resources that provide the necessary security to assets
that match the threat to those assets
What are the primary costs of conducting the risk management process?
• Time and effort necessary to execute the five steps of the risk management process
What are the potential challenges security practitioners may face when enacting the risk
management process?
• Availability of information necessary to accurately determine the likelihood and impact of
undesirable events
Where can we get information to evaluate an organization's compliance with security
policies?
• Self-inspections
Where can we get information to evaluate the effectiveness of an organization's security
program?
What is the purpose of the asset assessment
step of the risk management process?
• Identify assets requiring protection and/or that are important to the organization and to
national security
• Identify undesirable events and expected impacts
• Prioritize assets based on consequences of loss
What is the purpose of the threat assessment
step of the risk management process?
• Determine threats to identified assets
• Assess intent and capability of identified threats
• Assess current threat level for the identified assets
What is the purpose of the vulnerability
assessment step of the risk management
process?
• Identify existing countermeasures and their level of effectiveness in reducing vulnerabilities
• Identify potential vulnerabilities related to identified assets and their undesirable events
• Identify current vulnerability level for the identified assets that can be exploited by the
identified threats
What is the purpose of the risk assessment step of the risk management process?
• Integrate information about the impact of undesirable events (collected during the asset
assessment step) and the likelihood of undesirable events (based on information collected
during the threat and vulnerability assessment steps) to determine risks to identified assets
, What is the purpose of the countermeasure determination step of the risk management
process?
• Identify potential countermeasures to reduce vulnerability and/or threat and/or impact
• Identify countermeasure benefits in terms of risk reduction
• Identify countermeasure costs
• Conduct cost/benefit analysis
• Prioritize options and prepare recommendation for decision maker
What is the primary benefit of conducting the risk management process?
• National-level security policy endorses a holistic risk management approach, allowing
decision makers to effectively allocate resources that provide the necessary security to assets
that match the threat to those assets
What are the primary costs of conducting the risk management process?
• Time and effort necessary to execute the five steps of the risk management process
What are the potential challenges security practitioners may face when enacting the risk
management process?
• Availability of information necessary to accurately determine the likelihood and impact of
undesirable events
Where can we get information to evaluate an organization's compliance with security
policies?
• Self-inspections
Where can we get information to evaluate the effectiveness of an organization's security
program?
