MIS 416 Exam 2 Final (with 100% Accurate Answers)

The organizations level of security risk acceptance should be considered when selecting recommended safeguards. correct answers True Which of the following orders is consistent with the KPI, KPX, and KRI formation? correct answers metrics, KPI, KPx, KRI, Dashboard Which phase of the information security measurement system lifecycle involves gaining a solid appreciation of the organization information security-related information needs? correct answers Phase 1 Risk monitoring provides organization with the means to verify compliance, determine the effectiveness of risk measures, and identify risk-impacting changes to organizational information systems and environments of operations. correct answers True KPIs do not necessarily need to be tied to organizational strategy. correct answers True In addition to deciding on appropriate monitoring activities across the risk management tiers, organizations also decide how monitoring is to be conducted (e.g., automated or manual approaches) and the frequency of monitoring activities. correct answers True A KPx is a summary of one or more KRIs. correct answers False PRAGMATIC is a correct answers Security Measurement System Key Risk Indicators should be tied to one or more Key Performance Indexes. correct answers True Which of the following is NOT a phase in the information security measurement system lifecycle? correct answers Remove the measurement system Change management ensures that similar systems have the same, or at least similar, configurations. correct answers False In Information Security, KPIs measure the performance or health of Information Security. correct answers True All of the following are KPI types except: correct answers Esoteric Organizations employ risk monitoring tools, techniques, and procedures to increase risk _____. correct answers Awareness If there are three possible outcomes to an event, one of which has a probability of 40% and will cost you $4000 and one of which has a probability of 30% and which will cost you $1500, and