Importance of Vulnerability Controls in Security Management
Question
An information security manager conducted a gap analysis, which revealed a 75% implementation of security controls for high-risk vulnerabilities, 90% for medium vulnerabilities, and 10% for low-risk vulnerabilities.
To create a road map to close the identified gaps, the assurance team reviewed the likelihood of exploitation of each vulnerability and the business impact of each associated control.
To determine which controls to implement, which of the following is the MOST important to consider?
Answers
Explanations
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A. B. C. D.B.
In this scenario, the information security manager conducted a gap analysis to identify the level of implementation of security controls for different vulnerabilities. However, to create a road map to close these gaps, the assurance team needs to consider several factors, including the likelihood of exploitation and business impact associated with each control.
Out of the given options, the MOST important factor to consider in this case would be the BIA (Business Impact Analysis).
A Business Impact Analysis (BIA) is a systematic process of identifying and evaluating the potential effects of an event on critical business functions. It helps to prioritize critical business processes and identify the impact of their disruption. In this scenario, a BIA can help the assurance team identify which vulnerabilities are most critical to the organization and need to be addressed first.
Additionally, the likelihood of exploitation and business impact associated with each control can also be evaluated using the BIA. For example, controls that address high-risk vulnerabilities may have a higher priority than those that address low-risk vulnerabilities, but the business impact associated with a control that addresses a low-risk vulnerability may still be significant. Therefore, a BIA can help to weigh the likelihood of exploitation against the business impact of each control and determine which controls to prioritize in the road map.
While KPIs (Key Performance Indicators), KRIs (Key Risk Indicators), and GRC (Governance, Risk, and Compliance) are all important considerations in information security management, they may not be as directly relevant to the task at hand in this scenario. KPIs and KRIs are metrics used to measure performance and identify risks, respectively. GRC is a framework used to manage governance, risk, and compliance. While they may be used in the development of a road map to close identified gaps, they may not be as critical as a BIA in this specific scenario.
