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NEW QUESTION: 1
Ben is the project manager of the CMH Project for his organization. He has identified a risk that has a low probability of happening, but the impact of the risk event could save the project and the organization with a significant amount of capital. Ben assigns Laura to the risk event and instructs her to research the time, cost, and method to improve the probability of the positive risk event. Ben then communicates the risk event and response to management. What risk response has been used here?
A. Sharing
B. Exploit
C. Transference
D. Explanation:
Enhance is a risk response to improve the conditions to ensure the risk event occurs. Risk enhancement raises the probability of an opportunity to take place by focusing on the trigger conditions of the opportunity and optimizing the chances. Identifying and maximizing input drivers of these positive-impact risks may raise the probability of their occurrence.
E. Enhance
Answer: E
Explanation:
is incorrect. Transference is a strategy to mitigate negative risks or threats. In this strategy, consequences and the ownership of a risk is transferred to a third party. This strategy does not eliminate the risk but transfers responsibility of managing the risk to another party. Insurance is an example of transference. Answer: C is incorrect. Exploit response is one of the strategies to negate risks or threats that appear in a project. This strategy may be selected for risks with positive impacts where the organization wishes to ensure that the opportunity is realized. Exploiting a risk event provides opportunities for positive impact on a project. Assigning more talented resources to the project to reduce the time to completion is an example of exploit response. Answer: D is incorrect. Sharing happens through partnerships, joint ventures, and teaming agreements. Sharing response is where two or more entities share a positive risk. Teaming agreements are good example of sharing the reward that comes from the risk of the opportunity.

NEW QUESTION: 2
What type of attacks occurs when a smartcard is operating under normal physical conditions, but sensitive information is gained by examining the bytes going to and from the smartcard?
A. Social Engineering attacks.
B. Physical attacks.
C. Logical attacks.
D. Trojan Horse attacks.
Answer: C
Explanation:
Logical attacks occur when a smartcard is operating under normal physical conditions, but sensitive information is gained by examining the bytes going to and from the smartcard. One example is the so-called "timing attack" described by Paul Kocher. In this attack, various byte patterns are sent to the card to be signed by the private key. Information such as the time required to perform the operation and the number of zeroes and ones in the input bytes are used to eventually obtain the private key. There are logical countermeasures to this attack but not all smartcard manufacturers have implemented them. This attack does require that the PIN to the card be known, so that many private key operations can be performed on chosen input bytes.

NEW QUESTION: 3
What is the difference between NPV and IRR?
A: NPV is a measure of how much money a project can be expected to return in future value.

IRR is a measure of how quickly the money invested in the project will decrease in value.

B: NPV is a measure of how much money a project can be expected to return in today's present value.

IRR is a measure of how quickly the money invested in the project will increase in value.

C: IRR is a measure of how much money a project can be expected to return in future value.

NPV is a measure of how quickly the money invested in the project will decrease in value.

D: IRR is a measure of how much money a project can be expected to return in today's present value.

NPV is a measure of how quickly the money invested in the project will increase in value.

A. Option A
B. Option C
C. Option B
D. Option D
Answer: D

NEW QUESTION: 4
Risk management is an important activity for most organizations today. Reducing operational risk may
require setting up barriers which may reduce business activities and hurt profitability. How can Big Data &
Analytics provide solutions that reduce risk while maintaining profitability?
A. Predictive analytics can prevent in-flight transaction credit card fraud.
B. Focused and detailed fraud policy in each major department of a firm is more effective than an
integrated, therefore slow, performing solution.
C. Big data can support company-wide integrated data governance policies and procedures.
D. Security/Intelligence Extension relies entirely on security technologies such as events. logs, and alerts.
Answer: C