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CPSA Study Notes Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed

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  • CPSA

Risk Management Process (Format: 1. answer 2. answer etc.) -:- 1. Risk Assessment 2. Risk Treatment 3. Controls implementation 4. Supervision and Evaluation Risk Assessment is done based on (Format: 1. answer 2. answer etc) -:- 1. Asset value 2. Vulnerability 3. Threat 4. Probabil...

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  • September 3, 2024
  • 46
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CPSA
  • CPSA
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2024 /2025 |© copyright | This work may not be copied for profit gain | Excell!


CPSA Study Notes Questions & 100% Correct
Answers- Latest Test | Graded A+ | Passed
Risk Management Process (Format:


1. answer


2. answer


etc.)


✓ -:- 1. Risk Assessment

2. Risk Treatment


3. Controls implementation


4. Supervision and Evaluation




Risk Assessment is done based on (Format:


1. answer


2. answer


etc)


✓ -:- 1. Asset value

2. Vulnerability


3. Threat


4. Probability


1|Page | Grade A+| 2024/2025

,2024 /2025 |© copyright | This work may not be copied for profit gain | Excell!
5. Impact




The steps involved in Risk Assessment are (Format:


1. R


2. V


3. P)


✓ -:- 1. Resource Identification

2. Vulnerability and threat identification


3. Probability and impact analysis




Define resource


✓ -:- Anything of value to a company




A vulnerability is a security hole or weakness in a system, these include: (Format:


1. answer


2. answer


etc)


✓ -:- 1. Errors in code

2. Misconfiguration



2|Page | Grade A+| 2024/2025

,2024 /2025 |© copyright | This work may not be copied for profit gain | Excell!
3. Inadequate access control


4. Inadequate natural disaster protection


5. Social engineering




A threat is the circumstances or activities that may use vulnerabilities on

resources. These include: (Format: 1, 2 and 3)


Order: E, D and H


✓ -:- External, Deliberate actions and Human error




Name the 4 methods of dealing with Risk (Format: 1, 2, 3 and 4)


Order: M, A, T and Ac


✓ -:- Mitigation, Avoidance, Transference and Acceptance




Why would a company choose Acceptance when dealing with risk?


✓ -:- Budget




What does transference mean when dealing with risk?


✓ -:- Outsource or insure




Security controls can be (Format: 1, 2, 3)

3|Page | Grade A+| 2024/2025

, 2024 /2025 |© copyright | This work may not be copied for profit gain | Excell!
Order: P, D, R


✓ -:- Preventative, Detective, Reactive




Types of Security controls (Format: 1, 2, 3)


Order: P, T, A


✓ -:- Physical, Technical, Administrative




Risk Management Reports should be: (Format 1, 2)


✓ -:- Clear and easy to understand, Management friendly




Why is Risk management a repetitive process? 4 reasons(Format:


1. answer


2. answer


etc)


Order: B, I, (S or H), H


✓ -:- 1. Business systems will change over time

2. Information systems will change over time


3. Software and Hardware update/replacement is inevitable


4. Human resources will fluctuate



4|Page | Grade A+| 2024/2025

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