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Certified Information Security Manager Exam Prep Guide

You're reading from   Certified Information Security Manager Exam Prep Guide Gain the confidence to pass the CISM exam using test-oriented study material

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Product type Paperback
Published in Dec 2022
Publisher Packt
ISBN-13 9781804610633
Length 718 pages
Edition 2nd Edition
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Author (1):
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Hemang Doshi Hemang Doshi
Author Profile Icon Hemang Doshi
Hemang Doshi
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Table of Contents (12) Chapters Close

Preface 1. Enterprise Governance 2. Information Security Strategy FREE CHAPTER 3. Information Risk Assessment 4. Information Risk Response 5. Information Security Program Development 6. Information Security Program Management 7. Information Security Infrastructure and Architecture 8. Information Security Monitoring Tools and Techniques 9. Incident Management Readiness 10. Incident Management Operations 11. Answers to Practice Questions

Chapter 3: Information Risk Assessment

Practice Question Set 1

Q. 1

Answer: A. The magnitude of impact

Explanation: To determine the risk level, two things are required, i.e., the probability (likelihood) of the event and the impact of the event. Risk is the product of probability and impact. Once the likelihood has been determined, the next step is to assess the magnitude of the impact. Once the level of risk is determined, it can be compared against risk appetite and risk tolerance.

Q. 2

Answer: B. Likelihood and consequences

Explanation: To determine the level of risk, two things are necessary: the probability of an event happening and the impact if it does take place. Risk is the product of probability (likelihood) and impact (consequence).

Q. 3

Answer: C. Reduction in the likelihood of being exploited

Explanation: Reducing the exposure refers to keeping the information assets away from public reach. For example, consider a sensitive database that...

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