Fundamentals of Information Systems
9th Edition
ISBN: 9781337097536
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
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Chapter 9, Problem 11SAT
Program Plan Intro
Choose the correct option to fill in the blank.
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Which of the following is the best description of purpose of risk management?
a. To implement measures to reduce risks to an acceptable level.
b. To outline the threats to which IT resources are exposed.
c. To determine the damage caused by possible security incidents.
d. To determine the probability that a certain risk will occur.
It is critical to identify the five risk-control techniques and provide a concise explanation of each.
............... identifie(s) risks from the systems environment. Aim is to develop an initial set of system security and dependability requirement
Select one:
a. Preliminary risk analysis
b. Preliminary risk analysis, life cycle risk analysis and operational risk analysis
c. Life cycle risk analysis
d. Operational risk analysis
Chapter 9 Solutions
Fundamentals of Information Systems
Ch. 9 - Prob. 1LOCh. 9 - Prob. 2LOCh. 9 - Prob. 3LOCh. 9 - Prob. 4LOCh. 9 - Prob. 5LOCh. 9 - Prob. 1.1RQCh. 9 - Prob. 1.2RQCh. 9 - Prob. 1.1CTQCh. 9 - Prob. 1.2CTQCh. 9 - Prob. 2.1RQ
Ch. 9 - Prob. 2.2RQCh. 9 - Prob. 2.1CTQCh. 9 - Prob. 2.2CTQCh. 9 - Prob. 1SATCh. 9 - Prob. 2SATCh. 9 - Prob. 3SATCh. 9 - Prob. 4SATCh. 9 - Prob. 5SATCh. 9 - Prob. 6SATCh. 9 - Prob. 7SATCh. 9 - Prob. 8SATCh. 9 - Prob. 9SATCh. 9 - Prob. 10SATCh. 9 - Prob. 11SATCh. 9 - Prob. 12SATCh. 9 - Prob. 13SATCh. 9 - Prob. 14SATCh. 9 - Prob. 1RQCh. 9 - Prob. 2RQCh. 9 - Prob. 3RQCh. 9 - Prob. 4RQCh. 9 - Prob. 5RQCh. 9 - Prob. 6RQCh. 9 - Prob. 7RQCh. 9 - Prob. 8RQCh. 9 - Prob. 9RQCh. 9 - Prob. 10RQCh. 9 - Prob. 11RQCh. 9 - Prob. 12RQCh. 9 - Prob. 13RQCh. 9 - Prob. 14RQCh. 9 - Prob. 15RQCh. 9 - Prob. 16RQCh. 9 - Prob. 1DQCh. 9 - Prob. 2DQCh. 9 - Prob. 3DQCh. 9 - Prob. 4DQCh. 9 - Prob. 5DQCh. 9 - Prob. 6DQCh. 9 - Prob. 7DQCh. 9 - Prob. 1PSECh. 9 - Prob. 2PSECh. 9 - Prob. 1WECh. 9 - Prob. 2WECh. 9 - Prob. 3WECh. 9 - Prob. 1CECh. 9 - Prob. 2CECh. 9 - Prob. 3CECh. 9 - Prob. 1.1CSCh. 9 - Prob. 1.2CSCh. 9 - Prob. 1.3CSCh. 9 - Prob. 2.1CSCh. 9 - Prob. 2.2CSCh. 9 - Prob. 2.3CS
Knowledge Booster
Similar questions
- A recommended approach is that the people assigned to implement a risk management program should begin by studying the models presented earlier in this chapter and identifying what each offers to the envisioned process. Once the organization understands what each risk management model offers, it can adapt one that is a good fit for the specific needs at hand. Which risk control strategy would you consider the most effective and why? When should the strategy be used and why should it not be used for all risks?arrow_forwardExplain the importance of reviewing historical documentation, including past risk assessments, business impact analyses, security policies and procedures, and incident reports, as a foundation for risk mitigation planning. How can analyzing past vulnerabilities and threats inform the identification of similar risks in the present? Discuss the trade-off between focusing on specific risks and vulnerabilities for individual systems and functions (narrow focus) versus taking a broader organizational perspective (broad focus) when planning risk mitigation strategies. Highlight the benefits and limitations of each approach.arrow_forwardthe student will do the following: • Analyze the system for potential security issues. • Identify threats and/or vulnerabilities for the given scenario. • Choose and explain steps to mitigate identified threats and/or vulnerabilities.arrow_forward
- Subject: Risk management 1. Why is there a need for employees to be involved in providing feedback to management about safety and security procedures? 2. How is providing feedback to management about safety and security procedures occur?arrow_forwardSubject: Risk Management 3. When is providing feedback to management about safety and security procedures likely to take place? 4. What might be addressed in providing feedback to management about safety and security procedures?arrow_forwardHave you experienced scope creep in your development of a Risk Management Plan (or other policy)? If so, how did you handle it? If not, what actions would you have taken to control scope creep? (Remember, if you have not personally experienced this situation, please research a company or individual who has dealt with scope creep and provide a brief overview of their situation. Be sure to copy/paste the link from which you retrieved the information)arrow_forward
- Determining whether or whether the dangers are under control What aspect of risk management is responsible for dealing with these dangers and risks? Is it possible to put a number on it?arrow_forwardThe MOST important reason for an information security manager to be involved in the change management process is to ensure that: A. security controls drive technology changes. B. potential vulnerabilities are identified. C. security controls are updated regularly. D. risks have been evaluated.arrow_forwardThe final step in the security risk assessment process is to a. create a chart that identifies loss events, their frequency, and their monetary costs b. C. d. analyze the costs and benefits of various countermeasures assess the feasibility of implementing each of the identified mitigation measures decide whether or not to implement particular countermeasuresarrow_forward
- Which five risk-control strategies should be mentioned and quickly explained?arrow_forwardCarry out a quick risk management analysis on your laptop. Determine what you have, what you need to protect it against, how vulnerable you are, and what the risks are. Make a list of the components of your system that correspond to each heading. Which critical flaws did you find? How may these dangers be lessened? How do you intend to keep your own system safe? Are you going to put the strategy into action? So, why not?arrow_forwardA. What conditions must be met to ensure that risk acceptance has been used properly? B. Discuss the concept of an organisation’s competitive advantage against competitors and how it has evolved over the years with the ongoing development of the IT industry. C. Explain why networking components need more examination from an information security perspective than from a systems development perspective. Why must this practice be periodically reviewed? D. With the aid of a diagram, discuss the contingency planning hierarchy. E. What is the DMZ? Discuss whether this is a good name for the function that this type of subnet performs.arrow_forward
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