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NEW QUESTION: 1
The definition of operational risk per Basel II includes which of the following:
I. Risk of loss resulting from inadequate or failed internal processes, people and systems or from external events II. Legal risk III. Strategic risk IV. Reputational risk
A. I and II
B. II and III
C. I, II, III and IV
D. I and III
Answer: A
Explanation:
Explanation
Operational risk as defined in Basel II specifically excludes strategic and reputational risk. Therefore Choice
'd' is the correct answer.
Note that Basel II defines operational risk as follows:
Operational risk is defined as the risk of loss resulting from inadequate or failed internal processes, people and systems or from external events. This definition includes legal risk, but excludes strategic and reputational risk.
NEW QUESTION: 2
An organization is deploying services in an existing private cloud. The lines of business have concerns about service performance in planned services. How should IT address these performance concerns?
A. Cloud architect defines appropriate performance in the cloud design.
B. Cloud administrator defines appropriate performance in the cloud design.
C. Service manager defines appropriate performance in the SLA.
D. Cloud administrator defines appropriate performance in the SLA.
Answer: B
NEW QUESTION: 3
The term social engineering is used to describe the various tricks used to fool people (employees, business partners, or customers) into voluntarily giving away information that would not normally be known to the general public.
What is the criminal practice of social engineering where an attacker uses the telephone system in an attempt to scam the user into surrendering private information?
A. Phishing
B. Spoofing
C. Tapping
D. Vishing
Answer: D
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