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 Risk Transfer Through Insurance:

Breach insurance is a common method of transferring financial risks associated with cybersecurity incidents, covering costs like fines, legal fees, and recovery.

 Risk Management Strategies:

Risk transfer does not eliminate the risk but provides financial safeguards, complementing other security measures.

 Supporting Reference:

EC-Council CCISO materials describe purchasing insurance as a key financial strategy in the risk transfer process.

 Governance Process Creation:

Senior management prioritizes governance processes that align with organizational goals. Demonstrating how governance supports business objectives ensures buy-in and relevance.

 Linkage to Business Objectives:

Governance frameworks must demonstrate their value in enabling operational efficiency, risk reduction, and compliance. Aligning these with business goals fosters a shared understanding of the importance of governance.

 Why Other Options Are Incorrect:

A. Information Security Metrics: Metrics are important but secondary to alignment with business goals.

B. Knowledge to Analyze Issues: Relevant but insufficient without a strategic connection to objectives.

C. Baseline Metrics: Critical for measurement but less impactful without linkage to business priorities.

 References:

EC-Council emphasizes that effective governance processes should reflect and support the organization’s mission and objectives.