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NEW QUESTION: 1
A security administrator is implementing a new WAF solution and has placed some of the web servers behind the WAF, with the WAF set to audit mode. When reviewing the audit logs of external requests and posts to the web servers, the administrator finds the following entry:
Based on this data, which of the following actions should the administrator take?
A. Create an alert to generate emails for abnormally high activity.
B. Change the parameter name 'Account_Name' identified in the log.
C. Alert the web server administrators to a misconfiguration
D. Create a blocking policy based on the parameter values
Answer: A
NEW QUESTION: 2
Which of the following is not an example of a risk concentration?
A. Origination of a large number of SIVs with exposures to the same asset class, where the SIVs are separate legal entities without recourse to the originator
B. Material amounts of treasury obligations held as collateral provided by a single counterparty
C. Location of a portfolio's assets in a single country but spread across different industries
D. Large combined positions in assets affected by different risk factors that are highly correlated
Answer: B
Explanation:
Explanation
Choice 'd' represents a risk concentration due to excessive exposure to a single country, even though spread across different industries as the risk factors (economy, exchange rate, interest rate, political risk etc) are the same for all companies in the country.
Choice 'a' represents a risk concentration because even though the risk factors are different, they are highly correlated and therefore effectively behave as one. These undetected correlations proved to be fatal to many financial institutions during the credit crisis.
Choice 'b' represents a risk concentration as was borne out by the recent credit crisis. Large banks had to take over the obligations of SIVs they had created, even though the SIVs were separate legal entities with no legally enforceable recourse to the originating bank. This had to be done for moral and reputational reasons, and banks had to absorb the losses of these supposedly separate vehicles.
Choice 'c' does not represent a risk concentration, in fact it is not a risk at all because it refers to collateral held, even though the collateral may have been provided by the same counterparty. In this case the risk is to the party providing the collateral (in case the party holding the collateral rehypothecates or sells the collateral and is unable to return it).
Therefore Choice 'c' is the correct answer.
The BCBS document on stress testing provides a very nice articulation of risk concentration, and the relevant text from that document is produced verbatim here: [Risk concentration] may arise along different dimensions:
single name concentrations; concentrations in regions or industries; concentrations in single risk factors; concentrations that are based on correlated risk factors that reflect subtler or more situation-specific factors, such as previously undetected correlations between market and credit risks, as well as between those risks and liquidity risk; concentrations in indirect exposures via posted collateral or hedge positions; concentrations in off-balance sheet exposure, contingent exposure, non-contractual obligations due to reputational reasons.
NEW QUESTION: 3
What causes an IP phone to register with the SRST router when the IP WAN fails?
A. The SRST router stops receiving keepalives from the Cisco Unified CallManager and falls back to the SRST
B. The IP phone loses keepalives from the Cisco Unified CallManager and reregisters with the SRST.
C. The IP WAN interface on the SRST router goes down and triggers an SRST operation.
D. The SRST sends an INVITE message to the IP phone when the IP WAN fails.
Answer: B
NEW QUESTION: 4
A user wants to be able to access email from all devices. Which of the following formats should be used to allow this synchronization?
A. IMAP
B. SMTP
C. POP3
D. iCal
Answer: A
Explanation:
Section: Mix Questions