PROFESSIONAL CERTIFICATION (SPIPC)
EXAMS QUESTIONS AND ANSWERS.
What is the purpose of the asset assessment
step of the risk management process? - correct answer
• 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? - correct answer
• 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? - correct answer
• 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? - correct answer
, • 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? - correct answer
• 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? - correct answer
• 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? - correct answer
• 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? - correct
answer