EXAM QUESTIONS WITH VERIFIED
ANSWERS
Risk ny- nyANSWERS-likelihood nyof nya nyloss nyoccurring. ny= nyThreat nyx
nyVulnerability
Threat ny- nyANSWERS-any nyactivity nythat nyrepresents nypossible nydanger
vulnerability ny- nyANSWERS-a nyweakness; nyprocedural, nytechnical, nyor
nyadministrative
Loss ny- nyANSWERS-results nyin nya nycompromise nyto nybusiness nyfunctions nyor
nyassets. nyOccurs nywhen nya nythreat nyexposes nya nyvulnerability
What nyare nyrisk nyrelated nyconcerns nyfor nybusinesses? ny- nyANSWERS-
Compromise nyof nybusiness nyfunctions, nyassets, nydriver nyof nybusiness nycosts, nyand
nyprofitability nyvs nysurvivability
Business nyfunction ny- nyANSWERS-activities nyor nythe
work nythat nya nybusiness nyunit nyor nyrole nyperforms nyto nysell nyproducts/services.
Business nyAssets ny- nyANSWERS-is nyanything nywith nya nymeasurable nyvalue nyto nya
nycompany. nyTangible nyor nyintangible.
A nycompany nysells nyproduct nyvia nya nywebsite. nyRevenue nyis ny$5000 nyper nyhour.
nyIf nythe nywebsite nyfails nyfor ny2 nyhours nywhat nyis nythe nytangible nyand nyintangible
nyloss nyassuming nythat nythe nyrepair nycost nyis ny$1000. nyWhat nyis nythe nytangible
nyand nyintangible nyvalue? ny- nyANSWERS-Tangiblevalue=$5,000*2+$1,000=$11,000
• nyIntangibleValue:
- nyFuture nylost nyrevenue
- nyCost nyof nygaining nya nycustomer
- nyCustomer nyinfluence
Tangible nyvalue ny- nyANSWERS-the nyactual nycost nyof nythe nyasset.
nyTangiblevalue=lostrevenue+Repaircost
Intangible nyvalue ny- nyANSWERS-value nythat nycan't nybe nymeasured nyby nycost nyfor
nyfuture nyloss nyof nyrevenue, nycost nyof nygaining nya nycustomer, nyand nycustomer
nyinfluence.
Driver nyof nybusiness nycost ny- nyANSWERS-Risk nycan nydrive nybusiness nycosts nydue
nyto nycosts nyassociated nywith nymanaging nyrisk nyby nyimplementing
nycontrols/countermeasures.