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Which of the following vulnerability assessment software can check for weak passwords on the network?

  1. Password cracker
  2. Antivirus software
  3. Anti-spyware software
  4. Wireshark

Answer(s): A

Explanation:

A password cracker is an application program that is used to identify an unknown or forgotten password on a computer or network resources. It can also be used to help a human cracker obtain unauthorized access to resources. A password cracker can also check for weak passwords on the network and give notifications to put another password.

Incorrect Answers:
B: Antivirus or anti-virus software is used to prevent, detect, and remove malware. It scans the computer for viruses.

C: Anti-spyware software is a type of program designed to prevent and detect unwanted spyware program installations and to remove those programs if installed.

D: Wireshark is a free and open-source protocol analyzer. It is used for network troubleshooting, analysis, software and communications protocol development, and education.



Which of the following is NOT true for risk governance?

  1. Risk governance is based on the principles of cooperation, participation, mitigation and sustainability, and is adopted to achieve more effective risk management.
  2. Risk governance requires reporting once a year.
  3. Risk governance seeks to reduce risk exposure and vulnerability by filling gaps in risk policy.
  4. Risk governance is a systemic approach to decision making processes associated to natural and technological risks.

Answer(s): B

Explanation:

Risk governance is a continuous life cycle that requires regular reporting and ongoing review, not once a year. Incorrect Answers:
A, C, D: These are true for risk governance.



You are the project manager of HGT project. You have identified project risks and applied appropriate response for its mitigation. You noticed a risk generated as a result of applying response. What this resulting risk is known as?

  1. Pure risk
  2. Secondary risk
  3. Response risk
  4. High risk

Answer(s): B

Explanation:

Secondary risk is a risk that is generated as the result of risk response. Incorrect Answers:
A: A pure risk is a risk that has only a negative effect on the project. Pure risks are activities that are dangerous to complete and manage such as construction, electrical work, or manufacturing.

C, D: These terms are not applied for the risk that is generated as a result of risk response.



What are the various outputs of risk response?

  1. Risk Priority Number
  2. Residual risk
  3. Risk register updates
  4. Project management plan and Project document updates
  5. Risk-related contract decisions

Answer(s): C,D,E

Explanation:

The outputs of the risk response planning process are:
Risk Register Updates: The risk register is written in detail so that it can be related to the priority ranking and the planned response.
Risk Related Contract Decisions: Risk related contract decisions are the decisions to transmit risk, such as services, agreements for insurance, and other items as required. It provides a means for sharing risks.
Project Management Plan Updates: Some of the elements of the project management plan updates are:
- Schedule management plan
- Cost management plan
- Quality management plan
- Procurement management plan
- Human resource management plan
- Work breakdown structure
- Schedule baseline
- Cost performance baseline

Project Document Updates: Some of the project documents that can be updated includes:
- Assumption log updates
- Technical documentation updates

Incorrect Answers:
A: Risk priority number is not an output for risk response but instead it is done before applying response. Hence it acts as one of the inputs of risk response and is not the output of it.

B: Residual risk is not an output of risk response. Residual risk is the risk that remains after applying controls. It is not feasible to eliminate all risks from an organization. Instead, measures can be taken to reduce risk to an acceptable level. The risk that is left is residual risk. As,
Risk = Threat Vulnerability and
Total risk = Threat Vulnerability Asset Value

Residual risk can be calculated with the following formula:
Residual Risk = Total Risk - Controls

Senior management is responsible for any losses due to residual risk. They decide whether a risk should be avoided, transferred, mitigated or accepted. They also decide what controls to implement. Any loss due to their decisions falls on their sides.

Residual risk assessments are conducted after mitigation to determine the impact of the risk on the enterprise. For risk assessment, the effect and frequency is reassessed and the impact is recalculated.






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