712-50 Exam Dumps - ECCouncil CCISO Questions and Answers

The statement of retained earnings indicates the portion of net income that an organization retains after paying dividends. These retained earnings can be reinvested into the business, potentially financing future initiatives such as security controls. It does not directly correlate with the CISO’s budget (A) or represent savings from security controls (B). Similarly, it does not sum capital expenditures (C), which are accounted for separately.

Optical Biometric Recognition:

Retina scanning relies on reading the unique pattern of blood vessels in the retina.

Conditions like glaucoma or cataracts can interfere with the scanner’s ability to capture clear retinal images.

Why Not Other Options:

B: Heterochromia affects iris color, not retina.

C: Contact lenses do not obscure the retina.

D: Malaria does not impact retinal structures.

References:

EC-Council on Biometric Recognition Systems and Challenges.

Purpose of the Information Security Steering Committee

The Information Security Steering Committee (ISSC) oversees the organization's information security program, ensuring alignment with strategic goals and regulatory requirements. Sharing critical information, such as audit and compliance reports, enables informed decision-making and prioritization of security initiatives​​.

Importance of Audit and Compliance Reports

Audit Reports:These highlight vulnerabilities, non-compliance areas, and operational inefficiencies. Reviewing audit reports helps the ISSC address gaps proactively.

Compliance Reports:These ensure the organization meets regulatory and legal requirements, reducing the risk of fines, legal action, and reputational damage.

Sharing these reports ensures the committee is updated on the organization's current security posture and areas needing improvement.

Explanation of Other Options

A. Include a mix of members from different departments and staff levels:While having diverse members is beneficial for representation and perspective, it is not information to be "shared" with the committee.

C. Ensure that security policies and procedures have been vetted and approved:This is an operational requirement rather than the primary focus of information sharing during committee meetings.

D. Be briefed about new trends and products at each meeting by a vendor:Briefings from vendors may be useful occasionally but are not as critical as reviewing audit and compliance reports for ensuring the organization's security posture.

EC-Council CISO Guidance

The EC-Council CISO framework emphasizes the importance of governance, where oversight bodies like the ISSC are provided with actionable insights derived from audits and compliance evaluations. This allows the committee to make strategic decisions and enforce accountability​​.

The most likely reason sensitive data was leaked despite the implementation of a DLP solution is inadequate data classification. Without proper classification, the DLP system cannot identify or apply appropriate controls to sensitive data. DLP solutions rely on predefined rules and policies tied to data labels; if sensitive data isn't accurately classified, it may not trigger protections. Options A, C, and D address peripheral issues but do not explain the failure of the DLP system to detect and prevent the leak.

Collaboration among stakeholders such as lawyers, IT security professionals, privacy experts, and engineers ensures that new products and services meet legal, regulatory, and internal compliance requirements. This multi-disciplinary approach reduces the risk of breaches, fines, or operational inefficiencies. Options A, B, and C are not valid or comprehensive reasons for engaging these groups during procurement processes.

An Acceptable Use Policy (AUP) is a critical component of an information security plan, as it defines acceptable and unacceptable actions for system and resource usage. It ensures users understand their responsibilities, reducing risks from misuse or negligence. While account management (A), training (B), and remote access (D) policies are important, the AUP provides the broad foundational guidance for user behavior.

Sanitizing datasets ensures that sensitive information is removed or anonymized before AI products are developed or deployed. This mitigates risks associated with data breaches or unauthorized use of data, especially in sensitive industries like banking. While hashing, encrypting, or deleting datasets provides security, sanitization is critical to protect privacy and comply with regulations like GDPR or CCPA, particularly when handling AI datasets.

Relevance to the Breach:

The analysis highlighted insider threats, lack of least privilege, and weak access controls as root causes.

Monitoring and minimizing the number of users with elevated privileges directly addresses these vulnerabilities.

Why Not Other Options:

A: Monitoring third-party access is important but not directly tied to insider threats.

B: Vulnerability management is relevant but unrelated to least privilege or access control.

D: Certificate issues pertain to encryption, not insider threats or access controls.

References:

EC-Council CISO Handbook: Metrics for Access Control and Insider Threat Management.

For a retail store, compliance with the Payment Card Industry (PCI) Data Security Standard (DSS) is crucial, as it governs the secure handling of cardholder data and ensures the safety of payment transactions. ISO 27002 (B) and the NIST Cybersecurity Framework (C) offer general guidelines, while FedRAMP (D) applies to government cloud services, making them less critical to retail-specific compliance needs.

Role of Internal Audit in Audit Directive Implementation:

The internal audit team ensures that all audit directives and recommendations are implemented effectively within the organization.

They verify compliance, assess controls, and report findings to the Board of Directors or Audit Committee.

Why Not Other Options:

A: IT management implements the directives but does not verify them.

C: IT security focuses on technical security implementations, not directive verification.

D: The Audit Committee oversees audits but does not directly verify implementation.