Your question: When evaluating safeguards What is the rule that should be followed in most cases?

When evaluating safeguards, what is the rule that should be followed in most cases? A. The expected annual cost of asset loss should not exceed the annual costs of safeguards.

How is the value of a safeguard to a company calculated?

The VALUE of Safeguard = All associated costs of the safeguard – implementation of the safeguard (including annual cost of safeguard). The remaining amount or residual dollar value is the VALUE or Return on Investment (ROI).

Which of the following would not be considered an asset in a risk analysis?

Explanation: The personal files of users are not assets of the organization and thus not considered in a risk analysis.

When seeking to hire new employees what is the first step?

15 Steps of the Hiring Process

  1. Identify the hiring need. The hiring process begins by identifying a need within your organization. …
  2. Devise A Recruitment Plan. …
  3. Write a job description. …
  4. Advertise the Position. …
  5. Recruit the Position. …
  6. Review Applications. …
  7. Phone Interview/Initial Screening. …
  8. Interviews.

Which of the following is the primary purpose of an exit interview?

The purpose of an exit interview is to assess the overall employee experience within your organization and identify opportunities to improve retention and engagement. Having a clear set of standards in place when conducting exit interviews can also play an essential role in risk management.

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How is annual safeguard calculated?

CBA is calculated using the ALE CBA = ALE(prior) – ALE(post) – ACS ALE(prior) is the annualized loss expectancy of the risk before the implementation of the control. ALE(post) is the ALE examined after the control has been in place for a period of time. ACS is the annual cost of the safeguard.

What are the main steps to Analyse risks that you identify?

Together these 5 risk management process steps combine to deliver a simple and effective risk management process.

  • Step 1: Identify the Risk. …
  • Step 2: Analyze the risk. …
  • Step 3: Evaluate or Rank the Risk. …
  • Step 4: Treat the Risk. …
  • Step 5: Monitor and Review the risk.

What are the four steps of the hiring process?

Interviewing 101: Navigating the Four-Step Process

  • Exploratory Interviews.
  • Screening Interviews.
  • Preliminary Interview.
  • On-site Interview.