And Answers Graded A+
What are the primary objectives of conducting a risk assessment?
To understand the entity's exposure to loss and evaluate the effectiveness of
controls and safeguards.
What is describes mitigation?
Reducing risk
What is an objective of performing a risk assessment?
To identify risks that can adversely affect an entity's resources.
What are examples of quantitative impacts?
Percentages, numbers, money
What are examples of qualitative impacts?
High, medium, low
, What is the number one objective of the BIA?
To prioritize functions and processes based on the level of criticality and time
sensitivity
What is the second objective of the BIA?
To determine the recovery objectives for core and support functions and processes.
What is the third objective of the BIA?
To analyze the findings to ascertain any gaps between the entity's requirements and
it's ability to deliver those requirements.
A BIA sets requirements not?
Strategies
Recovery Point Objective
The amount of data that you can tolerate to lose. Data that is not on the backup.
What is the primary goal of the BIA?
To gain acceptance of the RTO and RPO for each operational area