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NEW QUESTION # 21
Scenario 6:Finelits. a South Carolina-based banking institution in the US, Is dedicated 10 providing comprehensive financial management solutions for both individuals and businesses. With a strong focus on leveraging financial technology innovations, Finelits strives to provide its clients with convenient access to their financial needs. To do so. the company offers a range of services. Firstly, it operates a network of physical branches across strategic locations, facilitates banking transactions, and provides basic financial services to Individuals who may not have easy access to a branch Through its diverse service offerings.
Finelits aims to deliver exceptional banking services, ensuring financial stability and empowerment for its clients across the US.
Recently, Vera, an employee at Finelits, was passed over for a promotion. Feeling undervalued, Vera decided to take malicious actions to harm the company's reputation and gain unrestricted access to its sensitive information. To do so. Vera decided to collaborate with a former colleague who used lo work for Finelits's software development team. Vera provided the former colleague with valuable information about the Finelils's security protocols, which allowed the former colleague to gain access and introduce a backdoor into one of the company's critical software systems during a routine update. This backdoor allowed the attacker to bypass normal authentication measures and gain unrestricted access to the private network. Vera and the former employee aimed to attack Finelits's systems by altering transactions records, account balances, and investments portfolios. Their actions were carefully calculated to skew financial outcomes and mislead both the hank and Its customers by creating false financial statements, misleading reports, and inaccurate calculations.
After receiving numerous complaints from clients, reporting that they are being redirected to another site when attempting to log into their banking accounts on Finelits's web application, the company became aware of the issue. After taking immediate measures, conducting a thorough forensic analysis and collaborating with external cybersecurity experts, Finelits's Incident response team successfully identified the root cause of the incident. They were able to trace the intrusion back to the attackers, who had exploited vulnerabilities in the bank's system and utilized sophisticated techniques to compromise data integrity The incident response team swiftly addressed the issue by restoring compromised data, enhancing security, and implementing preventative measures These measures encompassed new access controls, network segmentation, regular security audits, the testing and application of patches frequently, and the clear definition of personnel privileges within their roles for effective authorization management.
Based on the scenario above, answer the following question:
Based on scenario 6. as a preventative measure for potential attacks, Finalist clearly defined personnel privileges within their roles for effective authorization management. Is this necessary?
Answer: B
Explanation:
* Authorization Management:
* Definition: The process of specifying and enforcing what resources and actions users are permitted to access and perform.
* Purpose: To ensure that only authorized personnel have access to sensitive information and systems.
* Preventative Measures:
* Role-Based Access Control (RBAC): Assigns permissions to roles rather than individuals, making it easier to manage and audit access.
* Principle of Least Privilege: Grants users the minimum level of access necessary to perform their job functions.
* ISO/IEC 27001: Recommends implementing access control policies to manage user permissions effectively.
* NIST SP 800-53: Provides guidelines for access control, emphasizing the need for proper authorization management.
Cybersecurity References:By defining and managing personnel privileges, organizations like Finalist can reduce the risk of unauthorized access and potential security incidents.
NEW QUESTION # 22
Scenario 3:EsteeMed is a cardiovascular institute located in Orlando. Florida H Is known for tis exceptional cardiovascular and thoracic services and offers a range of advanced procedures, including vascular surgery, heart valve surgery, arrhythmia and ablation, and lead extraction. With a dedicated team of over 30 cardiologists and cardiovascular surgeons, supported by more than IUU specialized nurses and technicians, EsteeMed Is driven by a noble mission to save lives Every year. it provides its services to over 50,000 patients from across the globe.
As Its reputation continued to grow. EsteeMed recognized the importance of protecting Its critical assets. It Identified these assets and implemented the necessary measures to ensure their security Employing a widely adopted approach to Information security governance. EsteeMed established an organizational structure that connects the cybersecurity team with the information security sector under the IT Department.
Soon after these changes, there was an incident where an unauthorized employee transferred highly restricted patient data to the cloud The Incident was detected by Tony, the IT specialist. As no specific guidelines were in place to address such unlikely scenarios, Tony promptly reported the incident to his colleagues and, together. they alerted the board of managers Following that, the management of EsteeMed arranged a meeting with their cloud provider to address the situation.
During the meeting, the representatives of the cloud provider assured the management of the EsteeMed that the situation will be managed effectively The cloud provider considered the existingsecurity measures sufficient to ensure the confidentiality, Integrity, and availability of the transferred data Additionally, they proposed a premium cloud security package that could offer enhanced protection for assets of this nature.
Subsequently, EsteeMed's management conducted an internal meeting following the discussion with the cloud provider.
After thorough discussions, the management determined that the associated costs of implementing further security measures outweigh the potential risks at the present lime Therefore, they decided to accept the actual risk level for the time being. The likelihood of a similar incident occurring in the future was considered low.
Furthermore, the cloud provider had already implemented robust security protocols.
To ensure effective risk management. EsteeMed had documented and reported its risk management process and outcomes through appropriate mechanisms, it recognized that decisions about the creation, retention, and handling of documented information should consider various factors. These factors include aspects such as the intended use of the Information. Its sensitivity, and the external and internal context in which It operates.
Lastly. EsteeMed identified and recorded its assets in an inventory to ensure their protection. The inventory contained detailed information such as the type of assets, their size, location, owner, and backup information.
Based on the scenario above, answer the following question:
Based on scenario 3. EsteeMed's inventory of assets included detailed information on the type of assets, their size, location, owner, and backup information. Is this a good practice to follow?
Answer: C
Explanation:
Maintaining a detailed inventory of assets, including the type of assets, their size, location, owner, and backup information, is considered a best practice in information security management. This detailed information allows for better management and protection of assets by providing a clear understanding of what assets exist, their criticality, and how they are protected.
References:
* ISO/IEC 27001:2013- Specifies the requirements for establishing, implementing, maintaining, and continually improving an information security management system (ISMS). It includes requirements for the inventory of assets as part of the information security management process.
* NIST SP 800-53- Recommends security controls for federal information systems and organizations, including asset management and the importance of maintaining comprehensive asset inventories.
NEW QUESTION # 23
Scenario 6:Finelits. a South Carolina-based banking institution in the US, Is dedicated 10 providing comprehensive financial management solutions for both individuals and businesses. With a strong focus on leveraging financial technology innovations, Finelits strives to provide its clients with convenient access to their financial needs. To do so. the company offers a range of services. Firstly, it operates a network of physical branches across strategic locations, facilitates banking transactions, and provides basic financial services to Individuals who may not have easy access to a branch Through its diverse service offerings.
Finelits aims to deliver exceptional banking services, ensuring financial stability and empowerment for its clients across the US.
Recently, Vera, an employee at Finelits, was passed over for a promotion. Feeling undervalued, Vera decided to take malicious actions to harm the company's reputation and gain unrestricted access to its sensitive information. To do so. Vera decided to collaborate with a former colleague who used lo work for Finelits's software development team. Vera provided the former colleague with valuable information about the Finelils's security protocols, which allowed the former colleague to gain access and introduce a backdoor into one of the company's critical software systems during a routine update. This backdoor allowed the attacker to bypass normal authentication measures and gain unrestricted access to the private network. Vera and the former employee aimed to attack Finelits's systems by altering transactions records, account balances, and investments portfolios. Their actions were carefully calculated to skew financial outcomes and mislead both the hank and Its customers by creating false financial statements, misleading reports, and inaccurate calculations.
After receiving numerous complaints from clients, reporting that they are being redirected to another site when attempting to log into their banking accounts on Finelits's web application, the company became aware of the issue. After taking immediate measures, conducting a thorough forensic analysis and collaborating with external cybersecurity experts, Finelits's Incident response team successfully identified the root cause of the incident. They were able to trace the intrusion back to the attackers, who had exploited vulnerabilities in the bank's system and utilized sophisticated techniques to compromise data integrity The incident response team swiftly addressed the issue by restoring compromised data, enhancing security, and implementing preventative measures These measures encompassed new access controls, network segmentation, regular security audits, the testing and application of patches frequently, and the clear definition of personnel privileges within their roles for effective authorization management.
Based on the scenario above, answer the following question:
What type of attack did Vera and the former employee perform' Refer to scenario6?
Answer: A
Explanation:
* Manipulation of Data:
* Definition: Unauthorized alteration or modification of data to achieve malicious objectives.
* Impact: Can compromise data integrity, leading to incorrect operations, fraud, or unauthorized data transfer.
* Example: Changing software code or altering database records to gain unauthorized access or mislead users.
* Application in the Scenario:
* Incident: The employee used a false username to modify the code, allowing the transfer of sensitive data.
* Outcome: The data manipulation enabled unauthorized data exfiltration.
* ISO/IEC 27001: Emphasizes the importance of data integrity and protection against unauthorized changes.
* NIST SP 800-53: Recommends controls to ensure the integrity of data and systems.
Cybersecurity References:Manipulation of data attacks undermine the trustworthiness of information and systems, making it crucial to implement controls to detect and prevent such activities.
NEW QUESTION # 24
Scenario 8:FindaxLabs is a financial institution that offers money transfers services globally The company Is known for quick money transfers at a low cost. To transfer money, users register with their email addresses and submit a photo of their ID card for identity verification. They also need to provide the recipient s bank account details alongside their own bank account details. Users can track the transfer through their accounts, either from the website or mobile app. As the company operates in a highly sensitive industry, it recognizes the importance of ensuring cybersecurity. As such, FindaxLabs has addressed its cybersecurity concerns through its business continuity plan.
Nevertheless, a few months ago, FindaxLabs detected suspicious activity on its network and realized that it was being attacked The attackers tried to gain access to customer information. Including emails, bank account numbers, and records of financial transactions. Upon receiving the alert, the incident response team responded swiftly Following the ICT readiness for business continuity (IRBC) policy and procedures, they immediately took down the communication channels to the server and went offline. Subsequently, they conducted vulnerability testing and network scanning, but did not identify any other backdoors. After dodging this attack, the company completely changed its approach toward cyber threats. Consequently, cybersecurity became one of their highest priorities.
FindaxLabs established a more comprehensive cybersecurity incident management plan based on its cybersecurity Incident management policy 10 effectively handle and mitigate future incidents and vulnerabilities. The cybersecurity incident management plan outlined a structured approach based on industry best practices and included various phases of the incident response process The company also created a post-incident report to evaluate the effectiveness of their response capabilities and identify areas for improvement It documented all relevant information related to the incident, such as category, priority, status, and actions taken to resolve it Based on this documentation, it defined the IRBC activities that helped them respond to and recover from disruptions, creating an IRBC timeline. The timeline consisted of three main stages: incident detection, response, and recovery. The company evaluated whether IRBC objectives were met for each phase. Through this evaluation, they determined that improved collaboration between business managers and ICT staff, as well as the implementation of preventive measures such as antivirus and firewalls, would have provided layered protection and better integration of cybersecurity into the business continuity strategy.
Based on the scenario above, answer the following question:
Based on scenario 8, FindaxLabs created a post-incident reportto evaluate the effectiveness of their response capabilities Is this a good practice to follow?
Answer: B
Explanation:
Creating a post-incident report is a good practice as it allows organizations to evaluate the effectiveness of their response capabilities and identify areas for improvement. The report provides detailed insights into the incident, including what happened, how it was handled, and what can be done better in the future. This continuous improvement process is essential for strengthening an organization's cybersecurity posture.
References include ISO/IEC 27035, which highlights the importance of post-incident analysis and reporting for effective incident management and continuous improvement.
NEW QUESTION # 25
Which of the following statements regarding best describes vulnerability assessment?
Answer: C
Explanation:
Vulnerability assessment best describes the process of combining automated testing with expert analysis. This approach helps identify, evaluate, and prioritize vulnerabilities in an organization's systems and networks.
Automated tools can quickly scan for known vulnerabilities, while expert analysis can provide context, validate findings, and offer remediation recommendations. This comprehensive method ensures a thorough assessment of security weaknesses. References include NIST SP 800-30, which provides guidance on risk assessments, including vulnerability assessments.
NEW QUESTION # 26
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