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NEW QUESTION: 1
A current member of the board of directors at First Savings Association (an institution with $150 million in total assets) was a director at First National Bank (an institution with total assets of $200 million) for many years. The two institutions are located in the same town. Before being elected to the board of First Savings, the director retired from the First National board. To honor his years of service with First National, the bank made him a director emeritus for life. He can attend any board meeting but cannot vote. He may speak to matters before the board and receives a director's fee. In actuality, however, the director never attends board meetings. Does this relationship violate Regulation L?
A. Yes, because he is really an honorary director.
B. No, because he cannot vote.
C. Yes, because he receives a fee.
D. No, because he does not attend meetings.
Answer: A

NEW QUESTION: 2
During an IS audit, auditor has observed that authentication and authorization steps are split into two functions and there is a possibility to force the authorization step to be completed before the authentication step. Which of the following technique an attacker could user to force authorization step before authentication?
A. Masquerading
B. Traffic analysis
C. Race Condition
D. Eavesdropping
Answer: C
Explanation:
A race condition is when processes carry out their tasks on a shared resource in an incorrect order. A race condition is possible when two or more processes use a shared resource, as in data within a variable. It is important that the processes carry out their functionality in the correct sequence. If process 2 carried out its task on the data before process 1, the result will be much different than if process1 carried out its tasks on the data before process 2
In software, when the authentication and authorization steps are split into two functions, there is a possibility an attacker could use a race condition to force the authorization step to be completed before the authentication step. This would be a flaw in the software that the attacker has figured out how to exploit. A race condition occurs when two or more processes use the same resource and the sequences of steps within the software can be carried out in an improper order, something that can drastically affect the output. So, an attacker can force the authorization step to take place before the authentication step and gain unauthorized access to a resource.
The following answers are incorrect:
Eavesdropping - is the act of secretly listening to the private conversation of others without their consent, as defined by Black's Law Dictionary. This is commonly thought to be unethical and there is an old adage that "eavesdroppers seldom hear anything good of themselves...eavesdroppers always try to listen to matters that concern them."
Traffic analysis - is the process of intercepting and examining messages in order to deduce information from patterns in communication. It can be performed even when the messages are encrypted and cannot be decrypted. In general, the greater the number of messages observed, or even intercepted and stored, the more can be inferred from the traffic. Traffic analysis can be performed in the context of military intelligence, counter-intelligence, or pattern-of-life analysis, and is a concern in computer security.
Masquerading - A masquerade attack is an attack that uses a fake identity, such as a network identity, to gain unauthorized access to personal computer information through legitimate access identification. If an authorization process is not fully protected, it can become extremely vulnerable to a masquerade attack. Masquerade attacks can be perpetrated using stolen passwords and logons, by locating gaps in programs, or by finding a way around the authentication process. The attack can be triggered either by someone within the organization or by an outsider if the organization is connected to a public network. The amount of access masquerade attackers get depends on the level of authorization they've managed to attain. As such, masquerade attackers can have a full smorgasbord of cyber crime opportunities if they've gained the highest access authority to a business organization. Personal attacks, although less common, can also be harmful.
Following reference(s) were/was used to create this question:
CISA review manual 2014 Page number 324
Official ISC2 guide to CISSP CBK 3rd Edition Page number 66
CISSP All-In-One Exam guide 6th Edition Page Number 161

NEW QUESTION: 3
The business has been informed of a suspected breach of customer data. The internal audit team, in conjunction with the legal department, has begun working with the cybersecurity team to validate the report. To which of the following response processes should the business adhere during the investigation?
A. The security analysts should report the suspected breach to regulators when an incident occurs
B. The security analysts should not respond to internal audit requests during an active investigation
C. The security analysts should interview system operators and report their findings to the internal auditors
D. The security analysts should limit communication to trusted parties conducting the investigation
Answer: D

NEW QUESTION: 4
Which of the following security mechanisms enables one cloud service consumer to be authenticated by a security broker, so that its security context is persisted when accessing other cloud services?
A. digital certificates
B. None of the above.
C. single sign-on
D. certificate authority
Answer: C