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Regulatory Environments for Benefits Programs

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You work as a Senior Marketing Manger for Umbrella Inc. You find out that some of the software applications on the systems were malfunctioning and also you were not able to access your remote desktop session. You suspected that some malicious attack was performed on the network of the company. You immediately called the incident response team to handle the situation who enquired the Network Administrator to acquire all relevant information regarding the malfunctioning. The Network Administrator informed the incident response team that he was reviewing the security of the network which caused all these problems. Incident response team announced that this was a controlled event not an incident. Which of the following steps of an incident handling process was performed by the incident response team?
A. Containment
B. Identification
C. Eradication
D. Preparation
Answer: B

In a well-developed management environment, the internal audit activity would:
A. Interface primarily with senior management, minimizing interactions with line managers who are the subjects of internal audit work.
B. Focus on the maintenance of accounting controls (such as segregation of the duties of authorization, recording, and custody) and report results to the audit committee.
C. Conduct regularly scheduled audits of existing systems and initial audits of new computer systems after they have begun operating.
D. Report the results of audit engagements to line management as well as to senior management.
Answer: D

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