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The new compliance officer has reviewed the bank's anti-money laundering training program. The program consists of online training for all new employees within 30 days of hire date and annual refresher training to all employees. In addition, there is specialized training for areas that deal with higher risk products and customers.
Over the last year, there have been no regulatory changes and no new products or services have been introduced. The compliance officer wants to propose to the board of directors that the annual refresher training is still current and can be delivered unchanged to all employees.
Which two critical pieces of information could be missed by taking this approach? (Choose two.)
A. Changes to internal policies, procedures, and processes
B. Links to enforcement actions identifying violations in other financial institutions
C. Results of the previous year's risk assessment
D. Any new trends, developments, or risks
Answer: A,C
NEW QUESTION: 2
What are Request Models used for?
A. Identifying frequently received user requests and defining how they should be handled
B. Capacity Management
C. Modeling arrival rates and performance characteristics of service requests
D. Comparing the advantages and disadvantages of different Service Desk approaches such as local or
remote
Answer: A
NEW QUESTION: 3
You are the project manager of GHT project. You identified a risk of noncompliance with regulations due to missing of a number of relatively simple procedures.
The response requires creating the missing procedures and implementing them. In which of the following risk response prioritization should this case be categorized?
A. Deferrals
B. Business case to be made
C. Quick win
D. Risk avoidance
Answer: C
Explanation:
Explanation/Reference:
Explanation:
This is categorized as a "quick win" because the allocation of existing resources or a minor resource investment provides measurable benefits. Quick win is very effective and efficient response that addresses medium to high risk.
Incorrect Answers:
A: "Business case to be made" requires careful analysis and management decisions on investments that are more expensive or difficult risk responses to medium to high risk. Here in this scenario, there is only minor investment that is why, it is not "business case to be made".
C: Risk avoidance is a type of risk response and not risk response prioritization option.
D: Deferral addresses costly risk response to a low risk, and hence in this specified scenario it is not used.
NEW QUESTION: 4
What is the PRIMARY use of a password?
A. Allow access to files.
B. Segregate various user's accesses.
C. Authenticate the user.
D. Identify the user.
Answer: C
Explanation:
Source: TIPTON, Hal, (ISC)2, Introduction to the CISSP Exam presentation.
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