Risk Management Flashcards
1
Q
Formula for Single Loss Expectancy
A
SLE=Asset Value(AV)*Exposure Factor(EF)
2
Q
Formula of Annualized Loss Expectancy
A
ALE=Single Loss Exposure(SLE)Annualized Rate of Occurrence (ARO) or ALE= AVEF*ARO
3
Q
Risk Responses (6)
A
Mitigation/Reduction
Assignment/Transfer
Deterrence
Avoidance
Acceptance
Reject/Ignore
4
Q
Safeguard cost benefit calculation
A
(ALE pre-safeguard- ALE post-safeguard)- Annual cost of safeguard (ACS)= value of safeguard.
5
Q
Categories of Security Controls (3)
A
Administrative
Logical/Technical
Physical
6
Q
7 Types of Security Controls (no physcial)
A
Preventative
Deterrant
Detective
Compensating
Corrective
Recovery
Directive
7
Q
NIST Risk Management Framework (RMF) areas (7)
A
Prepare
Categorize
Select
Implement
Assess
Authorize
Monitor
