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Security Program Integration Professional Certification (SPIPC) Questions with Definitive Solutions. What is the purpose of the asset assessment step of the risk management process? - Answer: • Identify assets requiring protection and/or that are importa

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Security Program Integration Professional Certification (SPIPC) Questions with Definitive Solutions. What is the purpose of the asset assessment step of the risk management process? - 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? - 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? - 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

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Security Program Integration Professional
Certification (SPIPC) Questions with Definitive
Solutions.
What is the purpose of the asset assessment
step of the risk management process? - 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? - 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



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, process? - 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? - 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? - 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? - 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? - Answer: • Time and
effort necessary to execute the five steps of the risk management process




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