PII || QUESTIONS WITH COMPLETE
SOLUTIONS!!
PII stands for correct answers Personally Identifiable Information.
What is PII ? correct answers information that can be used on its own, or with other
information, to identify, contact, or locate a single person, or to identify an individual in
context.
PHI stands for correct answers Protected Health Information
Risk Formula correct answers Threat X Vulnerability X Impact
What is Risk management correct answers the process of identifying risk, assessing risk, and
taking steps to reduce risk to an acceptable level.
Quantitative risk assessment correct answers Quantitative risk assessment involves trying to
map a dollar amount to each specific risk
qualitative risk assessment correct answers qualitative risk assessment involves assigning a
risk level such as low, medium, or high to each specific risk.
APT Stands for correct answers Advanced Persistent Threat
What is APT correct answers An APT is a network attack in which an unauthorized person
gains access to a network and stays there undetected for a long time period.
Risk acceptance correct answers Risk acceptance is a common option when the cost of other
risk management options such as avoidance may outweigh the cost of the risk itself.
Risk avoidance correct answers Risk avoidance is the action that avoids any exposure to the
risk. Risk avoidance is usually the most expensive risk mitigation option.
Risk limitation correct answers Risk limitation limits a company's risk exposure by taking
some action. It is a strategy employing a bit of risk acceptance along with a bit of risk
avoidance. It is the most commonly used risk mitigation strategy.
Risk transfer correct answers Risk transfer is the transference of risk to a willing third party
(for example, an insurance company).
SOLUTIONS!!
PII stands for correct answers Personally Identifiable Information.
What is PII ? correct answers information that can be used on its own, or with other
information, to identify, contact, or locate a single person, or to identify an individual in
context.
PHI stands for correct answers Protected Health Information
Risk Formula correct answers Threat X Vulnerability X Impact
What is Risk management correct answers the process of identifying risk, assessing risk, and
taking steps to reduce risk to an acceptable level.
Quantitative risk assessment correct answers Quantitative risk assessment involves trying to
map a dollar amount to each specific risk
qualitative risk assessment correct answers qualitative risk assessment involves assigning a
risk level such as low, medium, or high to each specific risk.
APT Stands for correct answers Advanced Persistent Threat
What is APT correct answers An APT is a network attack in which an unauthorized person
gains access to a network and stays there undetected for a long time period.
Risk acceptance correct answers Risk acceptance is a common option when the cost of other
risk management options such as avoidance may outweigh the cost of the risk itself.
Risk avoidance correct answers Risk avoidance is the action that avoids any exposure to the
risk. Risk avoidance is usually the most expensive risk mitigation option.
Risk limitation correct answers Risk limitation limits a company's risk exposure by taking
some action. It is a strategy employing a bit of risk acceptance along with a bit of risk
avoidance. It is the most commonly used risk mitigation strategy.
Risk transfer correct answers Risk transfer is the transference of risk to a willing third party
(for example, an insurance company).
