PrepAway - Latest Free Exam Questions & Answers

Which of the following should Sara do to address the risk?

Sara, the Chief Security Officer (CSO), has had four security breaches during the past two years.
Each breach has cost the company $3,000. A third party vendor has offered to repair the security hole in the
system for $25,000. The breached system is scheduled to be replaced in five years.
Which of the following should Sara do to address the risk?

PrepAway - Latest Free Exam Questions & Answers

A.
Accept the risk saving $10,000.

B.
Ignore the risk saving $5,000.

C.
Mitigate the risk saving $10,000.

D.
Transfer the risk saving $5,000.

Explanation:
Risk transference involves sharing some of the risk burden with someone else, such as an insurance company.
The cost of the security breach over a period of 5 years would amount to $30,000 and it is better to save
$5,000.

PrepAway - Latest Free Exam Questions & Answers

Leave a Reply