Exam 712-50 Topic 4 Question 347 Discussion
Actual exam question for EC-COUNCIL's 712-50 exam
Question #: 347
Topic #: 4
Question #: 347
Topic #: 4
A CISO must conduct risk assessments using a method where the Chief Financial Officer (CFO) receives impact data in financial terms to use as input to select the proper level of coverage in a new cybersecurity insurance policy.
What is the MOST effective method of risk analysis to provide the CFO with the information required?
What is the MOST effective method of risk analysis to provide the CFO with the information required?
Suggested Answer: A Vote an answer
Quantitative risk assessments provide financial impact data by assigning numerical values to risk factors, such as the likelihood and impact of events. This method calculates potential losses in monetary terms, making it suitable for presenting actionable insights to a CFO. Qualitative assessments (D) rely on subjective descriptions and are less precise for financial decision-making. Hybrid (B) or subjective (C) methods are not as focused on financial quantification as quantitative assessments.
by Betty at Jul 15, 2026, 12:48 AM
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