what are the 3 common approaches to implement the defense risk control strategy? course hero

• 1. Incident response plan (IRP) -Actions to take while incident is in progress
• 2. Disaster recovery plan (DRP) - Most common mitigation procedure.
• 3. Business continuity plan (BCP) - Continuation of business activities if catastrophic event occurs.

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What is Defense Risk Control Strategy?

What is risk management process?

What is the best way to protect your network from malware?

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13 describe the defend strategy list and describe the

1 4) Describe the “transfer” strategy. Describe how outsourcing can be used for this purpose. The transfer strategy is the control approach that attempts to shift risk to other assets, other processes, or other organizations. This may be accomplished by rethinking how services are offered, revising deployment models, outsourcing to other organizations, purchasing insurance, or implementing ...

Describe the ""defend"" strategy. list and describe the three ... - Brainly

Describe the ""defend"" strategy. list and describe the three common methods. - 22210053

(Solved) - Describe the “defend” strategy. List and ... - Transtutors

Describe the “defend” strategy. List and describe the three common methods. Defend strategy is a marketing tool helping companies to retain valuable customers those can be taken away by competitors.

5 Key Risk Mitigation Strategies (With Examples) | Indeed.com

Risk mitigation can be an essential aspect of project planning. Learn about strategies that can be implemented for risk mitigation and explore examples to help you create your own.

Risk Control Strategies - BrainKart

RISK CONTROL STRATEGIES . Four basic strategies to control each of the risks that result from these vulnerabilities. ü Apply safeguards that eliminate the remaining uncontrolled risks for the vulnerability [Avoidance]. ü Transfer the risk to other areas (or) to outside entities[transference]. ü Reduce the impact should the vulnerability be exploited[Mitigation]

What is Defense Risk Control Strategy?

Defense risk control strategy occurs when a department or business tries to avoid the risk altogether by preventing the vulnerability that has been identified from being exploited. For example, the security team may opt to add an extra layer of password protection, restrict data access to those who really need access, or even install anti-virus/anti-malware software to better safeguard everything.

What is risk management process?

Most security departments have some type of risk management process that typically includes identifying the risks they're faced with, and then ranked them from most to least risky. From there, companies have to decide how to handle the risks they've identified and ranked.

What is the best way to protect your network from malware?

If you think about it, you probably engage in many defensive risk control strategies, even at home: a password to safeguard your network, anti-virus software to prevent malware from wrecking your devices, and updates to your operating systems to make sure all the security patches are up to date.

What are the five risk control strategies presented in this text?

Answer: The five risk control strategies presented in this text are defense, transference, mitigation, acceptance, and termination.

What is risk control strategy of mitigation?

Answer: The risk control strategy of mitigation is the reduction of a risk's impact after a successful attack by preparing for its occurrence and the immediate actions needed to ameliorate the consequences.

What is residual risk?

Answer: Residual risk is the "leftover" risk that is not completely removed, shifted, or included in planning.

When is risk acceptance used?

Answer: Risk acceptance has been used properly if the level of risk posed to the asset has been determined, the probability of attack and the likelihood of a successful exploitation of a vulnerability has been assessed, the annual rate of occurrence of such an attack has been approximated, the potential loss that could result from attacks has been estimated, a thorough cost-benefit analysis has been performed, controls using each appropriate type of feasibility have been evaluated, or it has been decided that the particular function, service, information, or asset did not justify the cost of protection

When does an organization have competitive advantage?

Answer: An organization has competitive advantage when it creates a business model, method, or technique that allows it to provide a product or service that is superior to competitors. Competitive advantage was most common in the early days of IT systems; today, organizations operate at a similar level of automation.

What is competitive disadvantage?

Answer: Competitive disadvantage is the state of falling behind the competition. Organizations today improve technologies to avoid loss of market share, not to stay ahead of their competitors.

What is the goal of availability attack?

3. Availability- Goal is to have Information available to be accessed by authorized users, only when they need it! (Availability attack is like when Netflix got taken down for days by attacker)

What is a policy?

Policies are plans or courses of action, intended to influence and determine decisions, actions, and other matters.

What is the most effective strategy for managing risk?

There are various strategies to address risk. One of the most effective is the three lines of defence approach. This strategy gives the board and senior management three clear line functions to rely on, to ensure the effectiveness of the organisation’s risk management framework.

How do businesses manage risk?

Businesses need to take an approach to risk that facilitates an internal discussion based on facts, making sure that decisions can be made on where to accept or reduce risk. A key to this is aggregating risk across the business. It’s often resource intensive, but it’s a critical part of any strategy to reduce the risk of sustaining a loss.

What is the first line of defence?

The first line of defence (1LOD) includes those that own the risk and control. These are the people who hold a day job within the business and would be considering risk and controls in addition to their other responsibilities. The second line of defence (2LOD) are those which oversee or specialise in risk management and compliance.

How to implement a methodology?

Once the training has been covered, it’s time to implement the methodology. You need the right people working on the right processes, which can then be accelerated with the right technology. Leave out the technology until you have the people and processes in place, or you might end up with a failed project.

What is the risk control strategy that attempts to prevent the exploitation of the vulnerability, and is accomplished by means of?

Countering threats. Removing Vulnerabilities in assets. Limiting access to assets. Adding protective safeguards. Three common methods of risk avoidance are.

When the attacker’s cost is less than his potential gain, what is the best way to reduce the attacker’s?

When the attacker’s cost is less than his potential gain: Apply protections to increase the attacker’s cost. When potential loss is substantial: Apply design principles, architectural designs, and technical and non-technical protections to limit the extent of the attack, thereby reducing the potential for loss.

How to control the risks of a vulnerability?

ü Apply safeguards that eliminate the remaining uncontrolled risks for the vulnerability [Avoidance] ü Transfer the risk to other areas (or) to outside entities [transference] ü Reduce the impact should the vulnerability be exploited [Mitigation] ü Understand the consequences and accept the risk without control or mitigation [Acceptance]

What is the most strategic and long term of the three plans?

2. BCP is the most strategic and long term of the three plans.

How many threat-asset pairs does each control or safeguard impact?

Each and every control or safeguard implemented will impact more than one threat-asset pair

How many ways to categorize controls have been identified?

ü Four ways to categorize controls have been identified.

When vulnerability exists, what is the purpose of the vulnerability?

When vulnerability (flaw or weakness) exists: Implement security controls to reduce the likelihood of a vulnerability being exercised. When vulnerability can be exploited: Apply layered protections, architectural designs, and administrative controls to minimize the risk.

What is Defense Risk Control Strategy?

Defense risk control strategy occurs when a department or business tries to avoid the risk altogether by preventing the vulnerability that has been identified from being exploited. For example, the security team may opt to add an extra layer of password protection, restrict data access to those who really need access, or even install anti-virus/anti-malware software to better safeguard everything.

What is risk management process?

Most security departments have some type of risk management process that typically includes identifying the risks they're faced with, and then ranked them from most to least risky. From there, companies have to decide how to handle the risks they've identified and ranked.

What is the best way to protect your network from malware?

If you think about it, you probably engage in many defensive risk control strategies, even at home: a password to safeguard your network, anti-virus software to prevent malware from wrecking your devices, and updates to your operating systems to make sure all the security patches are up to date.