Qualitative loss resulting from the business interruption does NOT usually include:
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A. B. C. D.A.
This question is testing your ability to evaluate whether items on the list are Qualitative or Quantitative.All of the items listed were Qualitative except Lost of Revenue which is Quantitative.
Those are mainly two approaches to risk analysis, see a description of each below: A quantitative risk analysis is used to assign monetary and numeric values to all elements of the risk analysis process.
Each element within the analysis (asset value, threat frequency, severity of vulnerability, impact damage, safeguard costs, safeguard effectiveness, uncertainty, and probability items) is quantified and entered into equations to determine total and residual risks.
It is more of a scientific or mathematical approach to risk analysis compared to qualitative.
A qualitative risk analysis uses a "softer" approach to the data elements of a risk analysis
It does not quantify that data, which means that it does not assign numeric values to the data so that they can be used in equations.
Qualitative and quantitative impact information should be gathered and then properly analyzed and interpreted.
The goal is to see exactly how a business will be affected by different threats.
The effects can be economical, operational, or both.
Upon completion of the data analysis, it should be reviewed with the most knowledgeable people within the company to ensure that the findings are appropriate and that it describes the real risks and impacts the organization faces.
This will help flush out any additional data points not originally obtained and will give a fuller understanding of all the possible business impacts.
Loss criteria must be applied to the individual threats that were identified.
The criteria may include the following: Loss in reputation and public confidence Loss of competitive advantages - Increase in operational expenses Violations of contract agreements Violations of legal and regulatory requirements Delayed income costs - Loss in revenue - Loss in productivity - Reference used for this question: Harris, Shon (2012-10-18)
CISSP All-in-One Exam Guide, 6th Edition (p.
909)
McGraw-Hill.
Kindle Edition.
Business interruption can result in various types of losses that can be quantified and qualified. Qualitative losses refer to losses that are difficult to measure in monetary terms, such as reputation damage or loss of public confidence. In this context, the question asks which of the options is not usually considered a qualitative loss resulting from business interruption.
A. Loss of revenue: This is a quantifiable loss resulting from business interruption and is not a qualitative loss. Therefore, this option is unlikely to be the correct answer.
B. Loss of competitive advantage or market share: This is also a qualitative loss that can result from business interruption. Disruption in business operations may cause companies to lose their competitive edge or market share, which can be difficult to quantify. Therefore, this option is unlikely to be the correct answer.
C. Loss of public confidence and credibility: This is a qualitative loss that can be a result of business interruption. If a company is unable to fulfill its commitments to customers, stakeholders, or the public, it can lead to a loss of trust and confidence, which is difficult to quantify. Therefore, this option is likely to be a correct answer.
D. Loss of market leadership: This is also a qualitative loss that can result from business interruption. A company's market position and leadership can be affected if it is unable to operate effectively or compete with its rivals. This loss is also difficult to quantify. Therefore, this option is unlikely to be the correct answer.
In summary, the option that is not usually considered a qualitative loss resulting from business interruption is Loss of Revenue.