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NEW QUESTION: 1
The Model Code's correct recommendation regarding electronic trading states:
A. Regular tests for loss of access to external liquidity platforms but not loss of service to clients should be undertaken
B. Time stamps on e-trading platforms need to be internally and globally synchronised to ensure appropriate tracking of trades
C. All records should be archived and appropriate audit trails must be maintained as required by the local Central Bank
D. Testing of the system's capability to cope with extreme volumes should be carried out annually
Answer: B

NEW QUESTION: 2
An organization has created one IAM user and applied the below mentioned policy to the user. What entitlements do the IAM users avail with this policy?

A. The policy will allow the user to perform all read only activities on the EC2 services except load Balancing
B. The policy will allow the user to list all the EC2 resources except EBS
C. The policy will allow the user to perform all read only activities on the EC2 services
D. The policy will allow the user to perform all read and write activities on the EC2 services
Answer: A
Explanation:
Explanation/Reference:
Explanation:
AWS Identity and Access Management is a web service which allows organizations to manage users and user permissions for various AWS services. If an organization wants to setup read only access to EC2 for a particular user, they should mention the action in the IAM policy which entitles the user for Describe rights for EC2, CloudWatch, Auto Scaling and ELB. In the policy shown below, the user will have read only access for EC2 and EBS, CloudWatch and Auto Scaling. Since ELB is not mentioned as a part of the list, the user will not have access to ELB.

NEW QUESTION: 3
Sara, a security analyst, is trying to prove to management what costs they could incur if their customer database was breached. This database contains 250 records with PII. Studies show that the cost per record for a breach is $300. The likelihood that their database would be breached in the next year is only 5%. Which of the following is the ALE that
Sara should report to management for a security breach?
A. $15,000
B. $3,750
C. $75,000
D. $1,500
Answer: B
Explanation:
SLE x ARO = ALE, where SLE is equal to asset value (AV) times exposure factor (EF); and ARO is the annualized rate of occurrence.
SLE = 250 x $300; ARO = 5%
$75000 x 0.05 = $3750
Incorrect Answers:
A. A $1500 amount assumes a breach likelihood of 2%.
C. A $15000 amount assumes that the likelihood of a breach is 20%.
D. $75000 would be the single loss expectancy.
References:
Dulaney, Emmett and Chuck Eastton, CompTIA Security+ Study Guide, 6th Edition, Sybex, Indianapolis, 2014, pp. 5-6