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Vendor: CIPS

Exam Code: L5M7 Dumps

Questions and Answers: 104

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NEW QUESTION: 1
A security administrator plans on replacing a critical business application in five years. Recently, there was a security flaw discovered in the application that will cause the IT department to manually re-enable user accounts each month at a cost of $2,000. Patching the application today would cost $140,000 and take two months to implement. Which of the following should the security administrator do in regards to the application?
A. Mitigate the risk by patching the application to increase security and saving money
B. Accept the risk and continue to enable the accounts each month saving money
C. Transfer the risk replacing the application now instead of in five years
D. Avoid the risk to the user base allowing them to re-enable their own accounts
Answer: B
Explanation:
This is a risk acceptance measure that has to be implemented since the cost of patching would be too high compared to the cost to keep the system going as is. Risk acceptance is often the choice you must make when the cost of implementing any of the other four choices (i.e. risk deterrence, mitigation, transference or avoidance) exceeds the value of the harm that would occur if the risk came to fruition.

NEW QUESTION: 2
A red "x" is showing up instead of a part (item) in a configuration. What is causing this?
A. The Recommended Item rule is recommending more than one part number.
B. The Recommended Item rule is recommending a part that does not exist.
C. The Recommended Item rule is not firing.
D. The Recommended Item rule is recommending an incorrect price for the part number.
Answer: B

NEW QUESTION: 3
The chief audit executive should periodically report the internal audit activity's purpose, authority, responsibility, and performance, as well as significant risk exposures and control issues, to which of the following?
I. Board of directors.
II. Senior management.
III. Shareholders.
IV. External auditors.
A. I, III, and IV only
B. II only
C. I and II only
D. I, II, and III only
Answer: C

NEW QUESTION: 4
What are the advantages of genuine Windows? (Choose all that apply.)
A. access to all updates from Microsoft
B. free access to Microsoft Forefront Endpoint Protection 2010
C. improved protection against viruses and malware
D. access to Windows Live products
E. free access to Microsoft Security Essentials
Answer: A,C,E


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