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NEW QUESTION: 1
A risk manager has decided to use likelihood and consequence to determine the risk of an event occurring to a company asset. Which of the following is a limitation of this approach to risk management?
A. Allows for cost and benefit analysis.
B. Difficult to differentiate between high, medium, and low risks.
C. Calculations can be extremely complex to manage.
D. Subjective and based on an individual's experience.
E. Requires a high degree of upfront work to gather environment details.
Using likelihood and consequence to determine risk is known as qualitative risk analysis.
With qualitative risk analysis, the risk would be evaluated for its probability and impact using a numbered ranking system such as low, medium, and high or perhaps using a 1 to 10 scoring system.
After qualitative analysis has been performed, you can then perform quantitative risk analysis. A Quantitative risk analysis is a further analysis of the highest priority risks during which a numerical or quantitative rating is assigned to the risk.
Qualitative risk analysis is usually quick to perform and no special tools or software is required. However, qualitative risk analysis is subjective and based on the user's experience.
B: Qualitative risk analysis does not require a high degree of upfront work to gather environment details. This answer applies more to quantitative risk analysis.
C: Although qualitative risk analysis does not use numeric values to quantify likelihood or consequence compared to quantitative analysis, we can all differentiate between the terms high, medium, and low when talking about risk.
D: Qualitative risk analysis does not allow for cost and benefit analysis, quantitative risk analysis does.
E: Calculations for qualitative risk analysis are not extremely complex to manage; they can be quantitative risk analysis.
NEW QUESTION: 2
If you enable CiscoExpress Forwarding and then create an access list that uses the logkeyword, the packets that match the access list are not Cisco Express Forwarding switched. They are process switched. Logging disables Cisco Express Forwarding.