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?
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?
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?
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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?
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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?
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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Looking to strengthen your CISSP prep? Check out our in-depth guide covering all domains, strategies, and key resources.
Read the CISSP Guide →CISSP Security and Risk Management – Frequently Asked Questions
These FAQs cover the Security and Risk Management domain of the CISSP certification, focusing on foundational security principles, governance, risk management, and compliance.
What topics are included in the Security and Risk Management domain?
This domain covers confidentiality, integrity, and availability (CIA triad), governance, compliance, security policies, risk management, and professional ethics.
Why is Security and Risk Management important in CISSP?
It establishes the foundation of information security. Effective risk management ensures organizations protect assets, meet compliance requirements, and support business objectives.
What are the key risk management concepts tested?
Candidates must understand threat modeling, likelihood vs. impact, qualitative and quantitative risk assessment, risk treatment (accept, avoid, mitigate, transfer), and residual risk.
What professional ethics should CISSPs follow?
CISSPs are bound by the (ISC)² Code of Ethics, which emphasizes protecting society, acting honorably, and advancing the security profession.
Which regulations and compliance areas are emphasized?
Commonly tested areas include GDPR, HIPAA, SOX, PCI DSS, and industry-specific security frameworks such as ISO/IEC 27001 and NIST standards.
What common mistakes do candidates make in this domain?
- Focusing only on technical risk instead of business context.
- Confusing qualitative and quantitative risk assessments.
- Ignoring legal/regulatory requirements in scenarios.
- Overlooking residual risk after mitigation.
How should I prepare for this domain in the CISSP exam?
Review governance frameworks, practice risk assessment case studies, and understand compliance regulations. Use practice tests to apply theory to real-world business scenarios.