EC-COUNCIL EC-COUNCIL Certifications 712-50 Questions & Answers

• Question 371:

  An organization is looking for a framework to measure the efficiency and effectiveness of their Information Security Management System. Which of the following international standards can BEST assist this organization?

  A. Payment Card Industry Data Security Standards (PCI-DSS)

  B. International Organization for Standardizations 27005 (ISO-27005)

  C. International Organization for Standardizations 27004 (ISO-27004)

  D. Control Objectives for Information Technology (COBIT)

  Correct Answer: C

• Question 372:

  An organization's firewall technology needs replaced. A specific technology has been selected that is less costly than others and lacking in some important capabilities. The security officer has voiced concerns about sensitive data breaches but the decision is made to purchase.

  What does this selection indicate?

  A. A high threat environment

  B. A low vulnerability environment

  C. A high risk tolerance environment

  D. A low risk tolerance environment

  Correct Answer: C

• Question 373:

  Which of the following is MOST important when dealing with an Information Security Steering committee?

  A. Ensure that security policies and procedures have been vetted and approved.

  B. Review all past audit and compliance reports.

  C. Include a mix of members from different departments and staff levels.

  D. Be briefed about new trends and products at each meeting by a vendor.

  Correct Answer: B

• Question 374:

  The establishment of a formal risk management framework and system authorization program is essential. The LAST step of the system authorization process is:

  A. Getting authority to operate the system from executive management

  B. Contacting the Internet Service Provider for an IP scope

  C. Changing the default passwords

  D. Conducting a final scan of the live system and mitigating all high and medium level vulnerabilities

  Correct Answer: A

• Question 375:

  A business unit within your organization intends to deploy a new technology in a manner that places it in violation of existing information security standards. What immediate action should the information security manager take?

  A. Enforce the existing security standards and do not allow the deployment of the new technology.

  B. If the risks associated with that technology are not already identified, perform a risk analysis to quantify the risk, and allow the business unit to proceed based on the identified risk level.

  C. Amend the standard to permit the deployment.

  D. Permit a 90-day window to see if an issue occurs and then amend the standard if there are no issues.

  Correct Answer: A

• Question 376:

  What is the definition of Risk in Information Security?

  A. Risk = Probability x Impact

  B. Risk = Impact x Threat

  C. Risk = Threat x Probability

  D. Risk = Financial Impact x Probability

  Correct Answer: C

  Answer is C. C. In Information Security, the definition of Risk is: Risk = Threat x Probability.

  Risk refers to the potential for harm or loss resulting from a threat exploiting a vulnerability. A threat is any potential danger that could harm or compromise the confidentiality, integrity, or availability of an organization's information assets.

  Probability refers to the likelihood of a threat exploiting a vulnerability, while vulnerability is a weakness or gap in an organization's security defenses that could be exploited by a threat.

  By multiplying the likelihood of a threat exploiting a vulnerability (i.e., probability) by the potential impact of a successful attack (i.e., threat), organizations can determine the level of risk associated with a particular information asset or system.

  This formula allows organizations to quantify and prioritize risks and determine appropriate risk treatment strategies.

• Question 377:

  What is a difference from the list below between quantitative and qualitative Risk Assessment?

  A. Quantitative risk assessments result in an exact number (in monetary terms)

  B. Quantitative risk assessments result in a quantitative assessment (high, medium, low, red, yellow, green)

  C. Qualitative risk assessments map to business objectives

  D. Qualitative risk assessments result in a quantitative assessment (high, medium, low, red, yellow, green)

  Correct Answer: A

• Question 378:

  You have purchased a new insurance policy as part of your risk strategy. Which of the following risk strategy options have you engaged in?

  A. Risk Mitigation

  B. Risk Acceptance

  C. Risk Avoidance

  D. Risk Transfer

  Correct Answer: D

• Question 379:

  Credit card information, medical data, and government records are all examples of:

  A. None

  B. Communications Information

  C. Bodily Information

  D. Confidential/Protected Information

  E. Territorial Information

  Correct Answer: D

• Question 380:

  You have implemented a new security control. Which of the following risk strategy options have you engaged in?

  A. Risk Transfer

  B. Risk Mitigation

  C. Risk Avoidance

  D. Risk Acceptance

  Correct Answer: B