A Regional Transportation and Logistics Company Recently Hired Its First

question 96

Multiple Choice

A regional transportation and logistics company recently hired its first Chief Information Security Officer (CISO) . The CISO's first project after onboarding involved performing a vulnerability assessment against the company's public facing network. The completed scan found a legacy collaboration platform application with a critically rated vulnerability. While discussing this issue with the line of business, the CISO learns the vulnerable application cannot be updated without the company incurring significant losses due to downtime or new software purchases. Which of the following BEST addresses these concerns?

• A) The company should plan future maintenance windows such legacy application can be updated as needed.
• B) The CISO must accept the risk of the legacy application, as the cost of replacing the application greatly exceeds the risk to the company.
• C) The company should implement a WAF in front of the vulnerable application to filter out any traffic attempting to exploit the vulnerability.
• D) The company should build a parallel system and perform a cutover from the old application to the new application, with less downtime than an upgrade.

Recognize the influence of exchange rates on multinational firms' financial decisions, including inventory policies and cash flow evaluations.

Understand the structure and implications of different exchange rate systems, including floating rates and their impact on international finance.

Familiarize with key interest rates and their role in international finance, including LIBOR and its application to corporate borrowing.

Grasp the principles of forward and spot currency markets, including the concepts of currency premiums and discounts.

---

Definitions:

Cognitive Shortcuts

Mental strategies that simplify decision-making by using approximate, quick solutions instead of detailed analysis.

Stereotypes

Oversimplified generalizations about groups of people that may or may not reflect reality.

Gender Stereotypes

Preconceived notions or beliefs about the characteristics, roles, and behaviors of men and women based on their gender.

Leadership Gender Gap

The disparity in leadership roles between men and women, often highlighting underrepresentation of women in senior positions.