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ISO/IEC 27032 Lead Cybersecurity Manager

Last Update Dec 21, 2024
Total Questions : 80 With Methodical Explanation

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Last Update Dec 21, 2024
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ISO/IEC 27032 Lead Cybersecurity Manager Questions and Answers

Questions 1

Scenario 6:Finelits. a South Carolina-based banking institution in the US, Is dedicated 10 providing comprehensive financial management solutions for both individuals and businesses. With a strong focus on leveraging financial technology innovations, Finelits strives to provide its clients with convenient access to their financial needs. To do so. the company offers a range of services. Firstly, it operates a network of physical branches across strategic locations, facilitates banking transactions, and provides basic financial services to Individuals who may not have easy access to a branch Through its diverse service offerings. Finelits aims to deliver exceptional banking services, ensuring financial stability and empowerment for its clients across the US.

Recently, Vera, an employee at Finelits, was passed over for a promotion. Feeling undervalued, Vera decided to take malicious actions to harm the company's reputation and gain unrestricted access to its sensitive information. To do so. Vera decided to collaborate with a former colleague who used lo work for Finelits's software development team. Vera provided the former colleague with valuable information about the Finelils's security protocols, which allowed the former colleague to gain access and introduce a backdoor into one of the company's critical software systems during a routine update. This backdoor allowed the attacker to bypass normal authentication measures and gain unrestricted access to the private network. Vera and the former employee aimed to attack Finelits's systems by altering transactions records, account balances, and investments portfolios. Their actions were carefully calculated to skew financial outcomes and mislead both the hank and Its customers by creating false financial statements, misleading reports, and inaccurate calculations.

After receiving numerous complaints from clients, reporting that they are being redirected to another site when attempting to log into their banking accounts on Finelits's web application, the company became aware of the issue. After taking immediate measures, conducting a thorough forensic analysis and collaborating with external cybersecurity experts, Finelits's Incident response team successfully identified the root cause of the incident. They were able to trace the intrusion back to the attackers, who had exploited vulnerabilities in the bank's system and utilized sophisticated techniques to compromise data integrity

The incident response team swiftly addressed the issue by restoring compromised data, enhancing security, and implementing preventative measures These measures encompassed new access controls, network segmentation, regular security audits, the testing and application of patches frequently, and the clear definition of personnel privileges within their roles for effective authorization management.

Based on the scenario above, answer the following question:

How did Finelits ensure protection forIts accounts By implementing secure token handling? Refer to scenario 6.

Options:

A.

Authentication services store tokens internally for future use

B.

Authentication services return token to user agents and redirect clients back to web application

C.

Users directly obtain the tokens from the authentication services without undergoing any redirection process

Questions 2

Scenario 6:Finelits. a South Carolina-based banking institution in the US, Is dedicated 10 providing comprehensive financial management solutions for both individuals and businesses. With a strong focus on leveraging financial technology innovations, Finelits strives to provide its clients with convenient access to their financial needs. To do so. the company offers a range of services. Firstly, it operates a network of physical branches across strategic locations, facilitates banking transactions, and provides basic financial services to Individuals who may not have easy access to a branch Through its diverse service offerings. Finelits aims to deliver exceptional banking services, ensuring financial stability and empowerment for its clients across the US.

Recently, Vera, an employee at Finelits, was passed over for a promotion. Feeling undervalued, Vera decided to take malicious actions to harm the company's reputation and gain unrestricted access to its sensitive information. To do so. Vera decided to collaborate with a former colleague who used lo work for Finelits's software development team. Vera provided the former colleague with valuable information about the Finelils's security protocols, which allowed the former colleague to gain access and introduce a backdoor into one of the company's critical software systems during a routine update. This backdoor allowed the attacker to bypass normal authentication measures and gain unrestricted access to the private network. Vera and the former employee aimed to attack Finelits's systems by altering transactions records, account balances, and investments portfolios. Their actions were carefully calculated to skew financial outcomes and mislead both the hank and Its customers by creating false financial statements, misleading reports, and inaccurate calculations.

After receiving numerous complaints from clients, reporting that they are being redirected to another site when attempting to log into their banking accounts on Finelits's web application, the company became aware of the issue. After taking immediate measures, conducting a thorough forensic analysis and collaborating with external cybersecurity experts, Finelits's Incident response team successfully identified the root cause of the incident. They were able to trace the intrusion back to the attackers,who had exploited vulnerabilities in the bank's system and utilized sophisticated techniques to compromise data integrity

The incident response team swiftly addressed the issue by restoring compromised data, enhancing security, and implementing preventative measures These measures encompassed new access controls, network segmentation, regular security audits, the testing and application of patches frequently, and the clear definition of personnel privileges within their roles for effective authorization management.

Based on the scenario above, answer the following question:

According to scenario 6. to create a secure server system. Finelits's Incident response team implemented additional controls and took extra preventive measures, such as testing and applying patches frequently. Is this a good practice to follow?

Options:

A.

No, regular testing and applying patches are unnecessary and can disrupt the normal functioning of server systems

B.

No, testing and applying patches should only be done sporadically, as frequent patching can introduce compatibility issues and compromise server stability

C.

Yes, regularly testing and applying patches helps to address known vulnerabilities and maintain the security of server systems

Questions 3

Scenario 2:Euro Tech Solutions Is a leading technology company operating in Europe that specializes In providing Innovative IT solutions With a strong reputation for reliability and excellence. EuroTech Solutions offers a range of services, including software development, cloud computing, and IT consulting. The company is dedicated to delivering cutting-edge technology solutions that drive digital transformation and enhance operational efficiency for its clients.

Recently, the company was subject to a cyberattack that significantly impeded its operations and negatively impacted Its reputation. The cyberattack resulted in a major data breach, where the customers' data and sensitive Information ware leaked. As such, EuroTech Solutions identified the need to improve its cybersecurity measures and decided 1o implement o comprehensive cybersecurity program.

EuroTech Solutions decided to use ISO.'I EC 27032 and the NIST Cybersecurity Framework as references and incorporate their principles and recommendations into its cybersecurity program. The company decided to rapidly implement the cybersecurity program by adhering to the guidelines of these two standards, and proceed with continual improvement (hereafter.

Initially, the company conducted a comprehensive analysis of its strengths, weaknesses, opportunities, and threats to evaluate its cybersecurity measures. This analysis helped the company to identify the desired stale of its cybersecurity controls. Then, it identified the processes and cybersecurity controls that are in place, and conducted a gap analysis to effectively determine the gap between the desired state and current state of the cybersecurity controls. The cybersecurity program included business and IT-related functions and was separated into three phases

1. Cybersecurity program and governance

2. Security operations and incident response

3. Testing, monitoring, and improvement

With this program, the company aimedto strengthen the resilience ofthe digital infrastructure through advanced threat detection, real time monitoring, and proactive incident response. Additionally, it decided to droit a comprehensive and clear cybersecurity policy as part of its overall cybersecurity program The drafting process involved conducting a thorough research and analysis of existing cybersecurity frameworks Once the initial draft was prepared, the policy was reviewed, and then approved by senior management. After finalizing the cybersecurity policy, EuroTech Solutions took a proactive approach to its initial publication. The policy was communicated to all employees through various channels, including internal communications, employee training sessions, and the company's intranet network.

Based on the scenario above, answer the following question

Based on scenario 2. the cybersecurity policy was approved by senior management. Is this appropriate?

Options:

A.

Yes,the cybersecurity policy must be approved by the management

B.

No, the cybersecurity policy must be approved only by the CEO

C.

No,the cybersecurity policy must be approved only by the security governance committee