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7. Which of the following is NOT an IT risk mitigation strategy?

1. What is the primary goal of IT risk management?

SUNGAT

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Answers

1
1. What is the primary goal of IT risk management?
A) Eliminate all risks
D) Transfer all risks to third parties
B) Identify, assess, and mitigate risks
C) Ignore minor risks and focus on major ones
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7. Which of the following is NOT an IT risk mitigation strategy?
A) Risk Avoidance
B) Risk Acceptance
C) Risk Aggravation
D) Risk Transfer
3
6. What is a risk matrix used for?
D) Testing software applications
A) Categorizing risks based on severity and likelihood
B) Creating new risks
C) Developing IT infrastructure
4
2. Which of the following is NOT a key component of risk management?
D) Risk Mitigation
B) Risk Assessment
C) Risk Elimination
A) Risk Identification
5
3. What is the first step in the risk management process?
D) Risk Assessment
A) Risk Mitigation
B) Risk Identification
C) Risk Transfer
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8. What is an example of risk mitigation in IT?
C) Reducing cybersecurity budgets
D) Decreasing system monitoring
A) Ignoring potential threats
B) Implementing multi-factor authentication
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10. What is the purpose of an IT risk register?
A) To store passwords securely
C) To replace IT policies
D) To eliminate all IT risks
B) To record and track identified risks
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4. Which of these is a common risk identification technique?
A) SWOT Analysis
B) Mind Mapping
C) Risk Register
D) All of the above
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9. Which framework is commonly used for IT risk management?
B) SCRUM
D) Kanban
A) COBIT
C) Agile
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5. In risk assessment, what does "likelihood" refer to?
B) The impact of the risk
A) The probability of a risk occurring
C) The cost of mitigating the risk
D) The number of risks identified