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CCAK · Question #118

Which of the following is an example of financial business impact?

The correct answer is C. A DDoS attack renders the customer's cloud inaccessible for 24 hours resulting in millions in lost. Financial business impact refers to direct, quantifiable monetary losses resulting from a security incident. Option C explicitly describes a DDoS attack causing 24 hours of cloud inaccessibility 'resulting in millions in lost' revenue - a clear, direct financial loss. Option A…

Cloud Risk Management

Question

Which of the following is an example of financial business impact?

Options

  • AA hacker using a stolen administrator identity brings down the SaaS sales and marketing systems,
  • BWhile the breach was reported in a timely manner to the CEO, the CFO and CISO blamed each
  • CA DDoS attack renders the customer's cloud inaccessible for 24 hours resulting in millions in lost
  • DThe cloud provider fails to report a breach of customer personal data from an unsecured server,

How the community answered

(20 responses)
  • B
    5% (1)
  • C
    90% (18)
  • D
    5% (1)

Explanation

Financial business impact refers to direct, quantifiable monetary losses resulting from a security incident. Option C explicitly describes a DDoS attack causing 24 hours of cloud inaccessibility 'resulting in millions in lost' revenue - a clear, direct financial loss. Option A (administrator identity compromise bringing down SaaS systems) is primarily an operational and reputational impact. Option B (blame between executives after a breach) describes a governance, accountability, and reputational impact. Option D (CSP failing to report a data breach) describes a compliance, legal, and reputational impact. Only C directly expresses financial harm as its defining consequence.

Topics

#Financial Impact#Business Impact#Risk Assessment#Downtime Cost

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