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22 Cards in this Set

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ALE

Annual loss expectancy - how much of a loss you can expect in a year

SLE

Single loss expectancy - how much you expect to lose at any one time. Made up of asset value and exposure Factor.

ARO

Annualized rate of occurrence - the likelihood of an event occurring within a year

What is the formula to compute risk assessment?

SLE x ARO = ALE

What is the difference between quantitative and qualitative risk assessment?

Qualitative is opinion-based and subjective while quantitative is cost-based and objective.

Threat Vector

The method in which an attacker poses a threat. Such as a tool or phishing site.

MTBF

Mean time between failures - the measure of time for the anticipated failure of a system or component.

MTtF

Mean time to failure - the average time to failure for a non-repairable system.

MTTR

Mean time to restore - the measurement of how long it takes to repair a system or component once a failure occurs.

RTO

Recovery time objective - the maximum amount of time that a process or service is allowed to be down.

RTO

Recovery Point objective - defines the point at which the system needs to be restored.

Risk avoidance

Identifying a risk and making the decision not to engage any longer and actions associated with that risk

Risk transference

Sharing some of the burden of the risk with another entity such as an insurance company

Risk mitigation

Actions to reduce risk

Risk deterrence

Understanding something about the enemy and letting them know the harm that can come their way if they cause any harm

Risk acceptance

When the cost of implementing any other choices exceeds the value of the harm that would occur

PaaS

Platform-as-a-service - also known as Cloud platform services. Vendors allow apps to be created and run on their infrastructure

SaaS

Software-as-a-service - essentially cloud computing. When applications are remotely run over the web

IaaS

Infrastructure-as-a-service - utilizes virtualization and clients pay an outsourcer for resources used

What are risk related issues associated with cloud computing

Regulatory Compliance,


user privileges,


data integration/segregation

Risks associated with virtualization

Breaking out of the virtual machine,



Networking security controls can intermingle

Hypervisor

The software that allows the virtual machine to exist. For example VMware