Free GAQM ISO-27005-LRM Exam Questions
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GAQM ISO-27005-LRM Exam Questions
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Provided By: GAQM
- Exam: ISO/IEC 27005 - Certified Lead Risk Manager
- Certification: GAQM ISO
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Total Questions: 796
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Updated On: Apr 30, 2025
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Rated: 4.9 |
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Online Users: 1592
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Question 1
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A financial institution is evaluating the risk associated with its online banking platform. The platform has recently integrated two-factor authentication (2FA) as a security control. In this scenario, what is the primary vulnerability that the risk manager should focus on?
Answer: A
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A financial institution is evaluating the risk associated with its online banking platform. The platform has recently integrated two-factor authentication (2FA) as a security control. In this scenario, what is the primary vulnerability that the risk manager should focus on?
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Question 2
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A financial services company is evaluating the risk of fraud in electronic transactions. They are considering enhancing transaction monitoring systems, implementing biometric authentication, transferring some of the risk to a third-party payment processor, or accepting a certain level of fraud risk. Which option represents risk retention?
Answer: B
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A financial services company is evaluating the risk of fraud in electronic transactions. They are considering enhancing transaction monitoring systems, implementing biometric authentication, transferring some of the risk to a third-party payment processor, or accepting a certain level of fraud risk. Which option represents risk retention?
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Question 3
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An IT manager at a government agency is tasked with implementing a risk management framework that aligns with federal requirements for information security. Which NIST publication should they use as a primary reference to ensure compliance with federal standards, and what is its significance in this context?
Answer: B
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An IT manager at a government agency is tasked with implementing a risk management framework that aligns with federal requirements for information security. Which NIST publication should they use as a primary reference to ensure compliance with federal standards, and what is its significance in this context?
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Question 4
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A manufacturing company is at the risk treatment stage of its risk management process. What is an appropriate action at this stage?
Answer: A
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A manufacturing company is at the risk treatment stage of its risk management process. What is an appropriate action at this stage?
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Question 5
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A multinational corporation is implementing a new enterprise resource planning (ERP) system. During the risk identification phase, what should be the primary focus to ensure comprehensive coverage of potential risks?
Answer: C
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A multinational corporation is implementing a new enterprise resource planning (ERP) system. During the risk identification phase, what should be the primary focus to ensure comprehensive coverage of potential risks?