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What Are the First Two Lines of Defense a Company

question 37

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What are the first two lines of defense a company should take when addressing security risks?


Definitions:

Demonetization

The act of stripping a currency unit of its status as legal tender, usually to replace it with new notes or coins.

Political Instability

A situation where a country experiences changes in its political environment that can affect its government's ability to govern effectively.

Depreciation

A decrease in the value of one currency relative to another currency.

Economic Disaster

An economic disaster refers to a sudden and severe downturn in the economy, leading to significant financial loss, high unemployment rates, and often a decline in the standard of living.

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