Cybersecurity Risk Management: Risk Management in Financial Services Online Test

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Cybersecurity Risk Management: Risk Management in Financial Services

Description: Cybersecurity Risk Management: Risk Management in Financial Services
Number of Questions: 15
Created by: Aliensbrain Bot
Tags: cybersecurity risk management financial services

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What is the primary objective of cybersecurity risk management in financial services?

To ensure compliance with regulatory requirements
To protect customer data and assets
To minimize the impact of cyberattacks
To improve operational efficiency

Which of the following is NOT a common cybersecurity risk in financial services?

Phishing attacks
Malware infections
Insider threats
Natural disasters

What is the first step in the cybersecurity risk management process?

Identify and assess risks
Develop and implement controls
Monitor and review controls
Respond to incidents

What is the purpose of a cybersecurity risk assessment?

To identify and assess the risks that the organization faces
To develop and implement controls to mitigate risks
To monitor and review controls to ensure they are effective
To respond to incidents and recover from cyberattacks

What are the three main types of cybersecurity controls?

Preventive controls, detective controls, and corrective controls
Physical controls, technical controls, and administrative controls
Network controls, application controls, and database controls
Security policies, procedures, and guidelines

What is the purpose of a cybersecurity incident response plan?

To identify and assess the risks that the organization faces
To develop and implement controls to mitigate risks
To monitor and review controls to ensure they are effective
To respond to incidents and recover from cyberattacks

What is the most important factor in cybersecurity risk management?

Technology
Processes
People
Culture

What is the best way to prevent phishing attacks?

Use strong passwords
Enable two-factor authentication
Be aware of social engineering techniques
All of the above

What is the best way to protect against malware infections?

Use a reputable antivirus program
Keep software up to date
Be careful about what you download from the internet
All of the above

What is the best way to mitigate insider threats?

Implement strong access controls
Monitor employee activity
Provide security awareness training
All of the above

What is the best way to respond to a cybersecurity incident?

Contain the incident
Eradicate the incident
Recover from the incident
All of the above

What is the best way to recover from a cybersecurity incident?

Restore data from backups
Rebuild systems
Resume normal operations
All of the above

What is the best way to prevent future cybersecurity incidents?

Implement stronger security controls
Provide security awareness training
Conduct regular security audits
All of the above

What is the most important thing to remember about cybersecurity risk management?

It is an ongoing process
It is a shared responsibility
It is essential for protecting the organization
All of the above

What is the role of the board of directors in cybersecurity risk management?

To oversee the organization's cybersecurity program
To ensure that the organization is compliant with regulatory requirements
To approve the organization's cybersecurity budget
All of the above

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