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CISSP Practice Questions: Security and Risk Management Domain

Test your CISSP knowledge with 5 practice questions from the Security and Risk Management domain. Includes detailed explanations and answers.

CISSP Practice Questions

Master the Security and Risk Management Domain

Test your knowledge in the Security and Risk Management domain with these 5 practice questions. Each question is designed to help you prepare for the CISSP certification exam with detailed explanations to reinforce your learning.

Question 1

A company is developing a risk management strategy and is considering purchasing cyber insurance. What is the primary benefit of this approach?

A) It eliminates the risk of cyber incidents.

B) It transfers the financial impact of certain risks to the insurer.

C) It reduces the likelihood of cyber threats occurring.

D) It improves the company's overall security posture.

Show Answer & Explanation

Correct Answer: B

Explanation: Purchasing cyber insurance primarily transfers the financial impact of certain risks, providing monetary compensation in case of covered incidents. It does not eliminate or reduce the likelihood of threats. Instead, it addresses the financial aspect, not the security posture directly.

Question 2

During the risk management process, a company decides to implement a new firewall to address a specific threat. Which risk management strategy does this action exemplify?

A) Risk Avoidance

B) Risk Transfer

C) Risk Mitigation

D) Risk Acceptance

Show Answer & Explanation

Correct Answer: C

Explanation: Implementing a new firewall to address a threat is an example of risk mitigation, which involves reducing the risk to an acceptable level through control measures.

Question 3

During a compliance audit, a company discovers that its data protection practices do not meet regulatory requirements. What is the most appropriate immediate response?

A) Notify the regulatory authority immediately.

B) Develop a plan to address the deficiencies.

C) Suspend operations until compliance is achieved.

D) Increase security awareness training for employees.

Show Answer & Explanation

Correct Answer: B

Explanation: Developing a plan to address deficiencies is a proactive step to achieve compliance. Immediate notification (A) may be premature without a plan. Suspending operations (C) is extreme. Training (D) doesn't directly address compliance gaps.

Question 4

The risk management team in an organization is tasked with determining the impact of potential security incidents. Which metric would be most useful for quantifying the financial impact of a risk event?

A) Annual Loss Expectancy (ALE)

B) Single Loss Expectancy (SLE)

C) Total Cost of Ownership (TCO)

D) Return on Investment (ROI)

Show Answer & Explanation

Correct Answer: A

Explanation: Annual Loss Expectancy (ALE) quantifies the expected financial impact of a risk event over a year, making it a useful metric for risk impact assessment.

Question 5

Your organization needs to improve its incident response capabilities. What's the BEST approach?

A) Purchase the latest incident response software.

B) Develop and regularly test a comprehensive incident response plan.

C) Hire external consultants to handle all security incidents.

D) Create a dedicated incident response team without specific training.

Show Answer & Explanation

Correct Answer: B

Explanation: A well-tested plan is the foundation of effective incident response. The other options are either incomplete or lack planning.

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About CISSP Certification

The CISSP certification validates your expertise in security and risk management and other critical domains. Our comprehensive practice questions are carefully crafted to mirror the actual exam experience and help you identify knowledge gaps before test day.

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