Cyber Security Final Exam 2023 with correct answers

Risk Mangement correct answersthe practice of identifying, evaluating and prioritizing risk followed by the application of resources to minimize, monitor and control probability of the risk and/ or their business impacts. Cybersecurity Risk Management correct answersis a set of policies, processes, and controls to protect the organization's information assets from security incidents. Who leads Cybersecurity Risk Management? correct answersCIO CISO other IS managers Risk Assessment correct answers1. Identify and analyze potential risk that may negatively impact an organization or its stakeholders 2. make judgment on the acceptance or tolerability of the risks. Framework for Risk Assessment correct answersRisk identification: vulnerability Risk estimation: level or severity Risk evaluation: business impact Risk Assessment Formula correct answersCybersecurity risk=f(vulnerability, severity, impact) vulnerability correct answersis the likelihood of a cybersecurity incident Severity correct answersthe level of risk associated with the incident