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NEW QUESTION: 1
A security analyst informs the Chief Executive Officer (CEO) that a security breach has just occurred. This results in the Risk Manager and Chief Information Officer (CIO) being caught unaware when the CEO asks for further information. Which of the following strategies should be implemented to ensure the Risk Manager and CIO are not caught unaware in the future?
A. Chain of custody management
B. Incident management
C. Procedure and policy management
D. Change management
Answer: B

NEW QUESTION: 2
Which of the following is / are demand liabilities?
A. All of the above
B. Current deposits
C. Cash Certificates
D. Gold deposits
Answer: B

NEW QUESTION: 3
In determining the acceptable time period for the resumption of critical business processes:
A. only downtime costs need to be considered.
B. both downtime costs and recovery costs need to be evaluated.
C. indirect downtime costs should be ignored.
D. recovery operations should be analyzed.
Answer: B
Explanation:
Both downtime costs and recovery costs need to be evaluated in determining the acceptable time period before the resumption of critical business processes. The outcome of the business impact analysis (BIA) should be a recovery strategy that represents the optimal balance. Downtime costs cannot be looked at in isolation. The quicker information assets can be restored and business processing resumed, the smaller the downtime costs. However, the expenditure needed to have the redundant capability required to recover information resources might be prohibitive for nonessential business processes. Recovery operations do not determine the acceptable time period for the resumption of critical business processes, and indirect downtime costs should be considered in addition to the direct cash outflows incurred due to business disruption. The indirect costs of a serious disruption to normal business activity, e.g., loss of customer and supplier goodwill and loss of market share, may actually be more significant than direct costs over time, thus reaching the point where business viability is threatened.