1. Right Answer: B
Explanation: 0 nonexistent: An enterprise's risk management capability maturity level is 0 when: The enterprise does not recognize the need to consider the risk management or the business impact from IT risk. Decisions involving risk lack credible information. Awareness of external requirements for risk management and integration with enterprise risk management (ERM) do not exists.Incorrect Answers:A, C, D: These all are much higher levels of the risk management capability maturity model and in all these enterprise do take decisions considering the risk credential information. Moreover, in these levels enterprise is aware of external requirements for risk management and integrate with ERM.

2. Right Answer: A
Explanation: Data owners are responsible for assigning user entitlement changes and approving access to the systems for which they are responsible.Incorrect Answers:B, C, D: Data owners are not responsible for intrusion detection, platform security or antivirus controls.These are the responsibilities of data custodians.

3. Right Answer: B
Explanation: An acceptable use policy is a set of rules applied by the owner/manager of a network, website or large computer system that restrict the ways in which the network site or system may be used. Acceptable Use Policies are an integral part of the framework of information security policies.Incorrect Answers:A, C: These two policies are not related to Information system security.D: Privacy policy is a statement or a legal document (privacy law) that discloses some or all of the ways a party gathers, uses, discloses and manages a customer or client's data.

4. Right Answer: A
Explanation: Risk mitigation implies a reduction in the probability and/or impact of an adverse risk event to be within acceptable threshold limits. Taking early actions to reduce the probability and/or impact of a risk occurring on the project is often more effective than trying to repair the damage after the risk has occurred.Incorrect Answers:B: Avoidance changes the project plan to avoid the risk altogether.C: Transference requires shifting some or all of the negative impacts of a threat, along with the ownership of the response, to a third party. Transferring the risk simply gives another party the responsibility for its management-it does not eliminate it.Transferring the liability for a risk is most effective in dealing with financial risk exposure. Risk transference nearly always involves payment of a risk premium to the party taking on the risk.D: Enhancing is actually a positive risk response. This strategy is used to increase the probability and/or the positive impact of an opportunity. Identifying and maximizing the key drivers of these positive-impact risks may increase the probability of their occurrence.

5. Right Answer: B
Explanation: The plan risk response project management process aims to reduce the threats to the project objectives and to increase opportunities. It follows the perform qualitative risk analysis process and perform quantitative risk analysis process. Plan risk response process includes the risk response owner to take the job for each agreed-to and funded risk response. This process addresses the risks by their priorities, schedules the project management plan as required, and inserts resources and activities into the budget. The inputs to the plan risk response process are as follows: Risk register Risk management planIncorrect Answers:A: Monitor and Control Risk is the process of implementing risk response plans, tracking identified risks, monitoring residual risk, identifying new risks, and evaluating risk process effectiveness throughout the project. It can involve choosing alternative strategies, executing a contingency or fallback plan, taking corrective action, and modifying the project management plan.C: Identify Risks is the process of determining which risks may affect the project. It also documents risks' characteristics. The Identify Risks process is part of theProject Risk Management knowledge area. As new risks may evolve or become known as the project progresses through its life cycle, Identify Risks is an iterative process. The process should involve the project team so that they can develop and maintain a sense of ownership and responsibility for the risks and associated risk response actions. Risk Register is the only output of this process.D: Qualitative analysis is the definition of risk factors in terms of high/medium/low or a numeric scale (1 to 10). Hence it determines the nature of risk on a relative scale.Some of the qualitative methods of risk analysis are: Scenario analysis- This is a forward-looking process that can reflect risk for a given point in time. Risk Control Self -assessment (RCSA) - RCSA is used by enterprises (like banks) for the identification and evaluation of operational risk exposure. It is a logical first step and assumes that business owners and managers are closest to the issues and have the most expertise as to the source of the risk. RCSA is a constructive process in compelling business owners to contemplate, and then explain, the issues at hand with the added benefit of increasing their accountability.