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NEW QUESTION: 1
Which of the following statements are correct?
I. A reliance upon conditional probabilities and a-priori views of probabilities is called the 'frequentist' view II. Knightian uncertainty refers to things that might happen but for which probabilities cannot be evaluated III. Risk mitigation and risk elimination are approaches to reacting to identified risks IV. Confidence accounting is a reference to the accounting frauds that were seen in the past decade as a reflection of failed governance processes
A. I and IV
B. II, III and IV
C. All of the above
D. II and III
Answer: D
Explanation:
Explanation
In statistics, which is relevant to risk management, a distinction is often drawn between 'frequentists' and
'Bayesians'. Frequentists rely upon data to draw conclusions as to probabilities. Bayesians consider conditional probabilities, ie, take into account what things are already known, and inject sometimes subjective a-priori probabilities into the calculations. Statement I describes Bayesians, and not frequentists. In reality however, the difference is merely academic. Risk managers use whichever technique best applies to the given situation without making it about ideology.
The difference between 'Knightian uncertainty' and 'Risk' is similarly academic. Knightian uncertainty refers to risk that cannot be measured or calculated. 'Risk' on the other hand refers to things for which past data exists and calculations of exposure can be made. To give an example in the context of the financial world, the risk from a pandemic creating systemic failures from a failure of payment and settlement systems and the like is
'Knightian uncertainty', but the market risk from equity price movements can be modeled (albeit with limitations) and is calculable. Statement II is therefore correct.
Once a risk is identified, it can be mitigated, accepted, avoided or eliminated, or transferred by way of insurance. Therefore statement III is correct.
Confidence accounting is a conceptual idea that suggests that accounting statements make reference to ranges as opposed to point estimates in financial statements. For example, instead of saying that the pension obligation is $xx million, the company should say the pension obligation is in a range of $xx m - $yy m with a certain confidence level. Statement IV is therefore inaccurate.
NEW QUESTION: 2
A forensics investigator is examining a number of unauthorized payments the were reported on the company's website. Some unusual log entries show users received an email for an unwanted mailing list and clicked on a link to attempt to unsubscribe. One of the users reported the email to the phishing team, and the forwarded email revealed the link to be:
Which of the following will the forensics investigator MOST likely determine has occurred?
A. XSS
B. XSRF
C. SQL injection
D. CSRF
Answer: D
NEW QUESTION: 3
DRAG DROP
You are developing an ASP.NET MVC application that allows users to log on by using a third-party authenticator.
You need to configure Microsoft Azure Access Control Services and the application.
Which five actions should you perform in sequence? (To answer, move the appropriate actions from the list of actions to the answer area and arrange them in the correct order.)
Answer:
Explanation:
Explanation
Box 1: Create a service namespace
The first step is to create an ACS Namespace. This is your Security Token Services (STS) that will generate Signed Identity tokens to be consumed by WAP. This will also be the only STS that WAP will trust.
Box 2: Register the application as a relaying partner.
Now that the Namespace is created, you will have to tell it about the WAP Portals that is expecting tokens from it. We add the WAP Tenant Portal as a Relying Party to ACS (Access Control Services).
Box 3: Add a Security Token Service (STS) reference in Visual Studio 2012.
Now that the Namespace is created, you will have to tell it about the WAP Portals that is expecting tokens from it.
1. Click on Relying Party Applications and click on Add to add the Windows Azure Pack tenant Portal as a Relying Party to this namespace. This essentially tells the ACS namespace that the Tenant Portal is expecting it to provide user identities.
2. You will now go to the Add Relying Party Application page where you can enter details about the WAP tenant Portal.
3. The easier option is to provide the federation Metadata from the tenant portal. Save the XML file locally on your computer
4. Now back in the ACS management portal, Upload the federation metadata file and provide a Display Name for the Relying Party.
5. Scroll Down to the Token Format section and choose the token format to be 'JWT'. By Default, the Windows Live Identity Provider will be selected. Deselect it if you do not want to allow users to sign in using their Live id. Under the Token Signing Settings section, select X.509 Certificate as the Type. Click on Save.
Box 4: Add the third-party as the identity provider.
We have our ACS and WAP portals setup. We now have to find a source of Identities that can be flown in to the WAP Portals through ACS. We configure external services to act as Identity Providers Box 5: Generate provider rules for claims We now have our Relying Party and our Identity Providers set up. We should now tell ACS how to transform the incoming Claims from these Identity providers so that the Relying Party can understand it. We do that using Rule Groups which are a set of rules that govern Claim Transformation. Since, we have two identity Providers, we will have to create a rule for each of these.
References:
https://blogs.technet.microsoft.com/privatecloud/2014/01/17/setting-up-windows-azure-active-directory-acs-to-p