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Which of the following aspects of an IT risk and control self-assessment would be MOST important to include in a report to senior management?
A. An increase in residual risk
B. Changes in control design
C. A decrease in the number of key controls
D. Changes in control ownership
Answer: D

What is one potential downside or drawback to choosing the Standalone deployment option instead of the Distributed deployment option?
A. Requires additional Check Point Appliances
B. Degrades performance as the Security Policy grows in size.
C. Requires additional software subscription
D. Increases cost
Answer: B

Which of the following is NOT a part of a risk analysis?
A. Provide an economic balance between the impact of the risk and the cost of the associated countermeasure
B. Quantify the impact of potential threats
C. Choose the best countermeasure
D. Identify risks
Answer: C
Risk assessment is a method of identifying vulnerabilities and threats and assessing the possible impacts to determine where to implement security controls. A risk assessment is carried out, and the results are analyzed. Risk analysis is used to ensure that security is cost-effective, relevant, timely, and responsive to threats. Security can be quite complex, even for well-versed security professionals, and it is easy to apply too much security, not enough security, or the wrong security controls, and to spend too much money in the process without attaining the necessary objectives. Risk analysis helps companies prioritize their risks and shows management the amount of resources that should be applied to protecting against those risks in a sensible manner.
A risk analysis has four main goals:
Identify assets and their value to the organization.
Latest DEE-1111 Exam Book
Identify vulnerabilities and threats.
Latest DEE-1111 Exam Book
Quantify the probability and business impact of these potential threats.
Latest DEE-1111 Exam Book
Provide an economic balance between the impact of the threat and the cost of the countermeasure.
Latest DEE-1111 Exam Book
Choosing the best countermeasure is not part of risk analysis. Choosing the best countermeasure would be part of risk mitigation.
Incorrect Answers:
A: Identifying risks is part of risk analysis.
B: Quantifying the impact of potential threats is part of risk analysis.
C: Providing an economic balance between the impact of the risk and the cost of the associated countermeasure is part of risk analysis.
Harris, Shon, All In One CISSP Exam Guide, 6th Edition, McGraw-Hill, New York, 2013, p. 74

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