Lesson 1

Question 1

an analytical process to provide
information regarding undesirable events in
which it estimates probabilities and expected
consequences for identified risk

Answer 1

Risk Analysis

Question 2

the occurrence or change of a particular
set of circumstances. It can also be defined as
an expected situation which does not happen or
an unexpected situation which does happen.

Answer 2

Event

Question 3

an outcome of an event affecting objectives.

Answer 3

Consequences

Question 4

defined as the degree to which the facility or event
is comprised by a successful attack from the given threat.

Answer 4

Impact of Loss

Question 5

The facility is damaged/contaminated beyond habitable use.

Answer 5

Devastating

Question 6

The facility is partially damaged/contaminated.

Answer 6

Severe

Question 7

The facility is temporarily closed or unable to operate,
but can continue without an any interruption of more than one day.

Answer 7

Noticeable

Question 8

The facility experiences no significant impact on operations
and there is no loss of major assets.

Answer 8

Minor

Question 9

is defined to be a combination of the attractiveness of a facility or an
event as a target and the level of deterrence and/or defense provided by the
existing countermeasures.

Answer 9

Vulnerability

Question 10

This is a high profile facility that provides a very attractive target for
potential adversaries, and the level of deterrence and/or defense provided by the
existing countermeasures is inadequate.

Answer 10

very high

Question 11

This is a high profile regional facility or a moderate profile national facility
that provides an attractive target and/or the level of deterrence and/or defense
provided by the existing countermeasures is inadequate.

Answer 11

High

Question 12

a moderate profile facility that provides a potential target and/or the
level of deterrence and/or defense provided by the existing countermeasures is
marginally adequate.

Answer 12

Moderate

Question 13

not a high profile facility that provides a possible target and/or the level of
deterrence and/or defense provided by the existing countermeasures is
adequate.

Answer 13

low

Question 14

5 Process of Risk Analysis

Answer 14

Identification, Analyzing, Evaluating, Treat, Review

Question 15

a process that is used to compare risk analysis result
with risk criteria in order to determine whether or not a specified level
of risk is acceptable or tolerable.

Answer 15

risk evaluation

Question 16

a management tool which accurately assess
business exposure based on the frequency and severity of identified
potential risk.

Answer 16

risk evaluation matrix

Question 17

is where both the frequency and severity of risk is low, risk
is often retain. This is a form of self-insurance, whereby the business
operator assumes and accepts a certain level of losses.

Answer 17

risk retention

Question 18

is a risk management
technique that seeks to
reduce the possible loss of
business.

Answer 18

risk reduction or loss control

Question 19

is where the frequency
of risk potential is low, but the
severity of a potential incident is high,
the most common and traditional
approach to risk mgt is transferring
the responsibility to other parties.

Answer 19

risk transfer

Question 20

is the
elimination of hazards,
activities and exposures that
can negatively affect an
organization and its assets.

Answer 20

risk avoidance

Question 21

2 kinds of retention

Answer 21

passive and active