Certified Chief Information Security Officer (CCISO) — Question 59

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?

Answer options

• A. Conduct a quantitative risk assessment
• B. Conduct a hybrid risk assessment
• C. Conduct a subjective risk assessment
• D. Conduct a qualitative risk assessment

Correct answer: A

Explanation

The correct answer is A, as a quantitative risk assessment provides detailed financial metrics that can help the CFO make informed decisions regarding insurance coverage. The other options, such as qualitative or subjective assessments, do not present the necessary financial data required for effective insurance policy decisions.