ECCouncil Updated 712-50 Exam Questions and Answers by ignacy

The primary purpose of vendor management is to define and maintain a partnership for long-term success by ensuring vendors align with the organization’s goals and security requirements.

Definition of Vendor Management:

Involves selecting, managing, and monitoring vendors to ensure they meet contractual and performance standards.

Key Objectives:

Establish strong, collaborative relationships that benefit both parties.

Ensure vendor compliance with security policies and standards.

Why Other Options Are Less Relevant:

Risk Coverage: A component but not the primary purpose.

Vendor Selection Process: Initial step, not the ultimate goal.

Documentation: Necessary but secondary to fostering long-term partnerships.

Vendor Management Framework: Highlights building sustainable partnerships as a core goal.

Third-Party Risk Management: Aligning vendors with organizational security and business strategies.

EC-Council CISO References:

Extracting information from affected systems without altering original data occurs during the investigation phase, which focuses on evidence collection and analysis.

Purpose of Investigation Phase:

Collect forensic data from affected systems.

Ensure data integrity by using tools and processes that prevent changes to the original state.

Key Activities:

Create forensic images of systems and devices.

Use write-protected tools to analyze data.

Other Phases:

Response: Focuses on containment.

Recovery: Restores normal operations.

Follow-up: Implements lessons learned.

Forensic Investigation Guidelines: Highlights methods to extract and analyze data without altering the original.

Incident Response Best Practices: Emphasizes thorough investigation for actionable insights.

EC-Council CISO References:

Scenario4

Capital expenditures (CAPEX) involve investments in long-term assets, such as buildings or equipment, and their cost is depreciated over time. In contrast, Operating expenditures (OPEX) pertain to short-term, day-to-day expenses like salaries and utilities, which are immediately expensed in the financial period they are incurred. Options A and B are incorrect as they misstate the characteristics of CAPEX and OPEX.

Definition of Deception Technology:

Deception technology uses traps or decoys (e.g., fake environments or systems) to lure attackers away from critical assets.

These decoys resemble legitimate systems and are designed to detect, contain, or study malicious activities.

Functionality:

Captures attacker behavior and methods without impacting real assets.

Enables real-time alerts and forensic analysis while minimizing the attacker’s ability to reach critical systems.

Why Not Other Options:

Segmentation controls: Restrict access to systems based on logical zones but do not actively lure attackers.

Shadow applications: Refers to unauthorized or unmanaged software, not a security technology.

Vulnerability management: Focuses on identifying and remediating vulnerabilities, not deception.