CND Risk Management & Compliance

Question 1

What is the primary purpose of risk management in cybersecurity?

Accepted Answer

To assess, prioritize, and mitigate risks to protect systems and data

Answer

To ignore potential threats

Answer

To delay response to security incidents

Answer

To increase the likelihood of security breaches

Question 2

Why is compliance important in cybersecurity?

Accepted Answer

To ensure legal and regulatory standards are met, protecting data and avoiding penalties

Answer

To avoid paying for software licenses

Answer

To increase the risk of noncompliance penalties

Answer

To simplify network infrastructure

Question 3

What is the role of risk assessment in risk management?

Accepted Answer

To identify, assess, and prioritize risks based on their potential impact and likelihood

Answer

To minimize the cost of cybersecurity programs

Answer

To ignore risks and focus only on recovery

Answer

To reduce the number of users accessing sensitive data

Question 4

How does risk mitigation differ from risk acceptance?

Accepted Answer

Risk mitigation reduces or eliminates risks, while risk acceptance acknowledges risks without action

Answer

Risk mitigation involves ignoring risks, while risk acceptance reduces them

Answer

Risk mitigation ignores risks, and risk acceptance prevents all potential threats

Answer

Risk mitigation and risk acceptance are the same

Question 5

Why is it important to establish cybersecurity policies for an organization?

Accepted Answer

To provide clear rules for securing data and complying with regulations

Answer

To make systems easier to hack

Answer

To reduce the number of employees working on security tasks

Answer

To increase the complexity of security measures

Question 6

What is the function of a Security Information and Event Management (SIEM) system?

Accepted Answer

To monitor, detect, and respond to security incidents by analyzing event data

Answer

To prevent users from accessing sensitive data

Answer

To store unencrypted sensitive data

Answer

To block all external connections to the network

Question 7

How do regulatory frameworks like GDPR impact an organization’s risk management practices?

Accepted Answer

They require organizations to implement strict data protection measures to avoid legal consequences

Answer

They allow organizations to ignore data protection standards

Answer

They focus solely on the technical aspects of cybersecurity

Answer

They reduce the cost of implementing security controls

Question 8

What is the role of incident response in risk management?

Accepted Answer

To react to incidents, minimize damage, and recover from security breaches

Answer

To prevent any incidents from happening

Answer

To delay responses until further analysis is completed

Answer

To create new risks for the organization

Question 9

How does continuous monitoring support risk management?

Accepted Answer

By providing real-time detection of threats and enabling proactive risk mitigation

Answer

By preventing all network traffic

Answer

By slowing down network performance to prevent breaches

Answer

By blocking all incoming data packets