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Exam (elaborations)

FAIR Open Group Certification UPDATED Exam Questions and CORRECT Answers

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FAIR Open Group Certification UPDATED Exam Questions and CORRECT Answers Loss Event Frequency - Correct Answer- Loss Event Frequency (LEF) is the probable frequency, within a given timeframe, that a threat agent will inflict harm upon an asset. In basic terms this can be thought of as how of...

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  • August 22, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • FAIR Open Group Certification
  • FAIR Open Group Certification
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FAIR Open Group Certification UPDATED
Exam Questions and CORRECT Answers

Loss Event Frequency - Correct Answer- Loss Event Frequency (LEF) is the probable
frequency, within a given timeframe, that a threat agent will inflict harm upon an asset. In
basic terms this can be thought of as how often a bad thing happens to something that we care
about; for example, how often your money is stolen, or how many times per year hackers
perform a denial of service attack against your online banking system.


Threat Event Frequency - Correct Answer- Threat Event Frequency (TEF) is the probable
frequency, within a given timeframe, that a threat agent will act in a manner that could result
in a loss. For example, the probable frequency, within a given timeframe, that a thief tries to
steal the money, a tornado hits a building, hackers perform a denial of service attack on your
computer system, etc.


Contact Frequency - Correct Answer- Contact Frequency (CF) is the probable frequency,
within a given timeframe, that a threat agent will come into contact with an asset. Contact can
be physical or "logical" (e.g., over the network).


Probability of Action - Correct Answer- Probability of Action (PoA is the probability that a
threat agent will act against an asset once contact occurs. Once contact occurs between a
threat agent and an asset, action against the asset may or may not take place. For some threat
agent types, especially natural threat agents, action always takes place. For example, if a
tornado comes into contact with a house, action is a foregone conclusion.


Vulnerability - Correct Answer- The definition of Vulnerability in the FAIR risk taxonomy
departs from the casual or informal use of the term. Vulnerability (Vuln) is the probability
that a threat event will become a loss event. Vulnerability exists when there is a difference
between the force being applied by the threat agent, and an object's ability to resist that force.
This simple analysis provides us with the two primary factors that drive Vulnerability: Threat
Capability (TCap) and Resistance Strength (RS).


Threat Capability - Correct Answer- Threat Capability (TCap) is the probable level of force
that a threat agent is capable of applying against an asset. Not all threat agents are created
equal. In fact, threat agents within a single threat community are not all going to have the
same capabilities.

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