CS0-003 · Question #229
Which of the following risk management principles is accomplished by purchasing cyber insurance?
The correct answer is D. Transfer. Transfer is the risk management principle that is accomplished by purchasing cyber insurance. Transfer is a strategy that involves shifting the risk or its consequences to another party, such as an insurance company, a vendor, or a partner. Transfer does not eliminate the risk…
Question
Which of the following risk management principles is accomplished by purchasing cyber insurance?
Options
- AAccept
- BAvoid
- CMitigate
- DTransfer
How the community answered
(35 responses)- A3% (1)
- B3% (1)
- D94% (33)
Explanation
Transfer is the risk management principle that is accomplished by purchasing cyber insurance. Transfer is a strategy that involves shifting the risk or its consequences to another party, such as an insurance company, a vendor, or a partner. Transfer does not eliminate the risk, but it reduces the potential impact or liability of the risk for the original party. Cyber insurance is a type of insurance that covers the losses and damages resulting from cyberattacks, such as data breaches, ransomware, denial-of-service attacks, or network disruptions. Cyber insurance can help transfer the risk of cyber incidents by providing financial compensation, legal assistance, or recovery services to the insured party.
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