Quiz – Risk Assessment Framework

Question 1 of 6

1. Question

Which methodologies are cited for structured risk assessment?

NIST Risk Management Framework and ISO 31000

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PCI DSS and SOX

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Agile and Scrum

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ITIL and COBIT only

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Question 2 of 6

2. Question

What does a probability-impact matrix evaluate?

Likelihood of occurrence and business impact

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Only the cost of hardware

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Number of employees

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Marketing reach

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Question 3 of 6

3. Question

What is the main benefit of transparent scoring criteria?

It reduces cognitive bias and enables organizational alignment

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It eliminates all threats permanently

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It removes the need for controls

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It guarantees zero risk

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Question 4 of 6

4. Question

After identifying threats, what does a robust risk assessment do next?

Determines likelihood and measures business impact

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Deletes all system logs

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Buys cyber insurance automatically

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Ignores all low risks

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Question 5 of 6

5. Question

Match each concept to its description.

Sort elements

Proven approach for evaluating vulnerabilities
International risk management standard
Ranks likelihood against consequences
Reduces bias and enables alignment

NIST Risk Management Framework

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ISO 31000

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Probability-impact matrix

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Transparent scoring

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Question 6 of 6

6. Question

Fill in the blanks.

Structured risk assessment turns subjective threat perception into defensible, Fill in the blank 1 of 3 rankings, evaluating both Fill in the blank 2 of 3 of occurrence and business Fill in the blank 3 of 3 .