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NEW QUESTION: 1
Which of the following is the MOST important consideration when selecting key risk indicators (KRIs) to monitor risk trends over time?
A. Availability of automated reporting systems
B. Ability to aggregate data
C. Ongoing availability of data
D. Ability to predict trends
Answer: A
NEW QUESTION: 2
Which of the following can lead to vendor lock-in?
A. Big Data sets
B. Lack of transparency in terms of use
C. Large supplier Redundancy
D. CSP's vendor utilisation
Answer: B
Explanation:
Lack of transparency in terms of use can lead to vendor lock-in. Contracts and SLAs should clearly define the relationship between Cloud Service Provider(CSP)and the cloud customer. Clause of data portability should be there.
NEW QUESTION: 3
Which of the following statements are false regarding the probability impact matrix?
A. The risk score is calculated by multiplying the risk's probability with the risk's impact and
comparing the results with the predefined risk threshold
B. The probability impact matrix is a tool/ technique of the quantitative risk analysis process
C. The probability impact matrix is constructed by assigning risk based on combining probability and impact scales
D. The probability impact matrix is used to determine if the risks should be classified high, medium, or low risks
Answer: B