Lora Jones Is a Security Expert Hired by a Manhattan-Based

question 110

Multiple Choice

Lora Jones is a security expert hired by a Manhattan-based law firm to perform a formal risk assessment of the firm's data assets. Which of the following steps should she undertake first in order to assess the firm's readiness to face any potential security breaches?

• A)understanding which information assets need protection
• B)evaluating controls and filling in security gaps
• C)predicting future risks and devising strategies to prevent them
• D)recovering existing assets from damage

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Definitions:

Operating Expenses

Costs associated with the day-to-day operations of a business, excluding direct material and labor costs.

Liabilities

Amounts owed to creditors in the form of debts and other obligations.

Statement of Cash Flows

A financial report that provides aggregate data regarding all cash inflows and outflows a company receives.

Investing Activities

Transactions that involve the purchase or sale of long-term assets and investment securities that are not considered cash equivalents.