Test Flashcards
What is the primary focus of risk management in information security?
Bringing together different threads of information security and assurance
Risk management aims to integrate various aspects of security to effectively mitigate potential risks.
What do safety communities often emphasize regarding safety regulations and standards?
They serve as reminders of previous failures to plan and prepare
These regulations highlight the consequences of neglecting risk management.
What common issue do organizations face regarding risk management?
They often fail to manage risks until a significant event occurs
This reactive approach can lead to serious damage, disruption, or loss.
True or False: Most organizations proactively manage risks before incidents occur.
False
Many organizations wait until a risk event has occurred before taking action.
What can result from not managing risks effectively?
Significant damage, disruption, or loss
The failure to anticipate risks can lead to severe consequences for organizations.
What are privacy, cybersecurity, and risk frameworks linked to?
Day-to-day workplace operations that generate value and move the organization closer to its goals and objectives.
How many different definitions of the term ‘risk’ does NIST have?
27 different definitions.
Name three organizations that contribute to risk management frameworks.
- ISO
- COBIT
- ITIL
- ISACA
True or False: Most risk management frameworks have core elements in common.
True
Fill in the blank: NIST has _____ different definitions of the term ‘risk’.
27
What is the focus of the document in relation to risk management?
Peeling away layers to explore risk management frameworks.
What is the significance of risk frameworks in organizations?
They are linked to achieving organizational goals and objectives.
